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UK Company Insolvencies Rise by a Fifth as Economy Struggles.
- Source :
- Bloomberg.com; 12/14/2022, pN.PAG-N.PAG, 1p
- Publication Year :
- 2022
-
Abstract
- "Firms are still facing a high cost of doing business, which is whittling down already paper-thin margins due to the inherent fear of passing on further cost to the consumer." (Bloomberg) -- Corporate insolvencies jumped by a fifth as British companies battled inflationary headwinds, higher borrowing costs and squeezed consumers. [Extracted from the article]
- Subjects :
- CORPORATE bankruptcy
INTEREST rates
STRUGGLE
BUSINESS enterprises
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 160787364