The UK is nowhere near being out of the woods. In fact, it’s expected to get worse.
By Daniel at 22 October, 2009, 9:06 am
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EXPERTS WARN OF ‘DELUGE’ OF INSOLVENCIES TO COME IN THE UK
By Rupert Neate
Published: 5:39PM BST 20 Oct 2009
Telegraph.co.uk
Begbies Traynor said 134,000 business are currently showing “material signs of distress”, although this is a fall on the 149,500 in the previous quarter. It said the UK was at the “midpoint of a ‘W’- shaped recession, with a deluge of business failures likely in 2010″.
…article continues…
http://www.telegraph.co.uk/finance/economics/6389094/
Experts-warn-of-deluge-of-insolvencies-to-come-in-the-UK.html
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