Insolvencies to rise, says R3

Speaking after Dun & Bradstreet figures showed a slight fall in the number of insolvencies last year, Oldfield told this morning’s BBC Breakfast News he had ‘no doubt’ that this year’s figure would be higher.

He said the full impact of foot and mouth on rural businesses had not yet been felt as Customs & Excise and the Inland Revenue were reluctant to press companies into administration as part of government attempts to support companies affected by the spread of the disease.


More businesses survive in 2001

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