R3 Business Distress Index shows business-led recovery still stalling in East of England
Private companies in the East of England have experienced increases in 11 of 13 key signs of business distress in the three months to October, according to insolvency trade body R3.
The quarterly R3 Business Distress Index also highlights that a business-led economic recovery is still some way off, with one in ten (10%) East Anglia businesses regularly using their maximum overdraft facility. The statistics also show that almost half of local companies (41%) are experiencing decreased profits over the previous quarter.... read more
Source: Cambridge Network | www.cambridgenetwork.co.uk
Clinton Cards to go into Administration
