In the face of a mixed financial and economic outlook, the East Midlands entrepreneurial spirit appears not to have been dampened.
Latest statistics from insolvency and restructuring trade body R3 highlight a net quarterly increase of around 2,000 East Midlands firms since the beginning of May, with the total number rising from just under 207,000 to just over 209,000 at the start of September.
R3 warns, however, that all businesses should be aware of a growing threat as the proportion of East Midlands businesses at heightened risk of insolvency has increased over the same time period from 41% to 43.7%, equating to a rise of more than 6,500 local…
Read the full article at: https://www.eastmidlandsbusinesslink.co.uk/mag/featured/east-midlands-business-start-ups-increase-but-threat-of-insolvency-rises/
