Northern Ireland sees second biggest increase in liquidations after Scotland, led by Mid and East Antrim
Only one business declared voluntary liquidation in the council area back in 2019 and none in 2020 when Covid-19 support measures were in place.
But business insolvencies in Mid and East Antrim rose to 16 in 2021 and then 28 in 2022 to a four-year total of 45, topping increases among Northern Irelands 11 local councils.
UK-wide, retail and construction are cited as the hardest hit industries with an end to pandemic support measures and rising energy costs contributing to the demise of many firms.
The data features in a regional study on the rise in business insolvencies across the UK published by the BBC through its Local Democracy i…
Read the full article at: https://www.belfasttelegraph.co.uk/business/northern-ireland/rise-in-ni-firms-going-out-of-business-as-pandemic-support-measures-end/a1253431168.html