#Insolvencies
Every day last month, 135 new Irish businesses were set up
Insolvencies were also down.
Bankruptcies have increased more than 750% since four years ago
New figures also show a rise in start-ups and a fall in the number of businesses going under.
Open for business: new company start-ups beat pre-recession levels
There were 49 companies founded every day last month.
Hospitality sector at risk of collapse while economy continues to improve
Figures from Vision-net also show an 18 per cent fall from last year in the number of businesses becoming insolvent.
Four companies went out of business each day in January - report
The number of corporate insolvencies last month marked an increase of almost 40 per cent on the same period last year.
Five companies a day went out of business in 2011
The firms left unpaid debts of €1.2billion, which it’s feared could further hit economic recovery.
Liquidations rise in Q3, but fewer companies become insolvent
Latest statistics show that insolvencies in the construction sector are falling – but are increasing in retail and hospitality.
The 9 at 9: Thursday
Nine things you should know this morning…
August one of highest months for insolvencies
An average of 10 companies a day became insolvent in August, with one-third of insolvent companies leaving unpaid mortgages behind.
The Daily Fix: Friday
Our collection of the day’s news, developments and random tidbits.
Rise in number of Irish businesses closing with one in two described as being at risk
It’s worrying news with an average of ten insolvencies a day in April. As well as this it has been revealed that a high percentage of court judgements on unpaid debt were against consumers.
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