23rd September 2020
- 0 comments
The business failures in key sectors since the UK locked down in March has created a domino effect of debt amounting to nearly £800m of invoices outstanding within their supply chain at the point of administration, according to corporate distress data analysts Red Flag Alert.
With an average individual debt of £28,501, the research found there are a further 227 businesses across the bars and restaurants, construction, retail, logistics and real estate sectors, which are at very high risk of failure.
...In order to read the full story we need you to be registered with us, please click the links below to login or register.