Corporate Failures - the Outlook Is Bleak

Credit ManagementNbr. 3/2006, March 2006

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Summary


Backing up some high profile failures on the high street in recent months and weeks, figures recently launched by Experian have identified that UK PLC has been hit by an 11% leap in corporate failures. The annual total has risen to its highest since 2002, and this is forecast to rise further in 2006. The company is forecasting that corporate failures will continue to rise in 2006 and so encourage businesses to ensure that they make the necessary checks on their customers, prospects and suppliers to ensure they are forewarned about any experiencing cash flow difficulties and possible failure.

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Corporate Failures - the Outlook Is Bleak

Backing up some high profile failures on the high street in recent months and weeks, figures recently launched by Experian have identified that ...

See the full content of this document

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