Over 760 businesses have ceased trading in December 2016, with more to follow in the run up to Christmas, according to a survey of the latest insolvency notices published in The Gazette.
The research, carried out on behalf of London insolvency practitioners Hudson Weir, reveals that 14.5 per cent of these companies were operating in the retail and food and drink sectors. This means at least another 110 empty units in high streets across Britain come the new year.
A further 1093 companies are scheduled to be wound up in January 2017, to add to Decembers total and the 3633 businesses which failed in the third quarter of 2016.
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Read the full article at: http://smallbusiness.co.uk/brexit-blame-business-insolvencies-2536008/