Company failures drop 45 percent across Midlands
According to research by business advisory firm Deloitte, the number of Midlands companies falling into administration in 2010 declined by 45 percent from the previous year.
Paul Heaven, Managing Director, Blue Sky Corporate Finance commented on these recent findings:
“The decrease in companies falling into administration is an important indication that businesses are starting to make a recovery in what has been a turbulent period. For this to continue in this positive way, financial lenders need to ensure investment funds are made readily available for businesses, certainly within the Small to Medium size sector.”
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