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Survey reveals debt struggles for North West firms

Survey reveals debt struggles for North West firms

One in six (16%) North West companies is just paying the interest on its debts, rather than repaying the debt itself, according to new research from the insolvency and restructuring trade body R3. R3’s latest Business Distress Index also found that 18% of North West...
Figures reveal sharp fall in North West businesses number

Figures reveal sharp fall in North West businesses number

The number of active businesses in the North West fell by almost 5,000 in December, according to research by insolvency and restructuring trade body R3. The sharp drop – which is only the third fall in the past two years – is a further indication that the...
Pub numbers fall but jobs increase, new figures show

Pub numbers fall but jobs increase, new figures show

Almost one in four UK pubs have closed in the past decade with smaller, rural pubs being the worst affected, according to new figures from the Office of National Statistics. They show that in the North West, parts of East Lancashire have lost the greatest proportion...