Insolvency rates remain elevated as small businesses face sustained pressure, CreditorWatch’s September Business Risk Monitor has revealed.
Business failure rates remain elevated and business-to-business payment defaults have surged, CreditorWatch’s September Business Risk Monitor has found.
“Businesses and consumers continue to be impacted by many large forces occurring simultaneously, with significant uncertainty related to US trade and tariff policy, geopolitics and the rise of AI,” CreditorWatch chief economist Ivan Colhoun said.
“At the same time, higher costs – both of living and of doing business – present significant budgetary challenges, while it’s too…