Total corporate insolvency in Western Europe will fall by -4 per cent in next 12 months
UK business insolvency will rise by +5 per cent in the next 12 months as the economic slowdown, rising input prices and increased late payment risks begin to take their toll, according to Euler Hermes.
This is in sharp contrast with the rest of the continent, where insolvencies will fall by -4 per cent in Western Europe and -1 per cent in Central and Eastern Europe this year.
Consumer consumption, support for exporters from a weaker Euro and supportive fiscal policy from the European Central Bank will help boost Western European economies and corporate profitability.
The companys latest Economic Insight, Insolvencies: …
Read the full article at: http://smallbusiness.co.uk/insolvency-increase-2017-2536583/
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