Businesses in the South East of England are now at greater risk of insolvency than at the start of 2017, new research has claimed.
Figures for July 2017, published by the Southern branch of restructuring and insolvency trade body R3, show that almost one in three businesses in the region are now at higher than normal risk of insolvency.
This is the equivalent to more than 157,000 companies and contrasts with January’s figure, which was more than three points lower at 27.1 per cent.
The research also highlights that technology/IT and professional services continue to be among the highest risk sectors in the South East, with more than a third of businesses at above average risk…
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