Business failures in London fall by 16 per cent, says report

first_img whatsapp Share whatsapp Tags: NULL Business failures in London fall by 16 per cent, says report Show Comments ▼center_img KCS-content Tuesday 12 October 2010 9:04 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical Genius More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org BUSINESS failures in London fell by 16 per cent in the third quarter of 2101 compared to a year earlier, according to a new report.The Equifax Business Failures Report found failures across the country fell by 13.4 per cent year-on-year, with the number of failures for the quarter standing at 6,646.However, this is still well above pre-recession levels of around 5,000 per quarter. The drop compared to the second quarter is 7.4 per cent.The best performing region was Scotland, which saw a 33 per cent drop year-on-year.An Equifax spokesman said: “Businesses across the UK should be buoyed by our report and the steady fall in insolvencies in London echoes the trend across the UK. Overall, the downward trend in failures has been sustained quarter-on-quarter through the year. “Whilst our latest analysis of the business failures data is encouraging and shows that all sorts of organisations are taking steps to tackle late payments and bad debts, there is still a long way to go and businesses need to continue protecting themselves from the tough trading conditions. last_img

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