|
« End of housing growth? |
Main
| Spammers hit news: charges, damages, and infected IP purcases »
December 20, 2004
Manufacturers: fewer bust in 2004
Accountants BDO Stoy Hayward predict that 2,230 manufacturing firms will fail this year, against 2,440 in 2003:
Overall, the number of firms going bust in 2004 is expected to be 8% lower than the 17,550 that failed last year, BDO Stoy Hayward Industry Watch said.
The group predicted 16,150 firms would go bust - an average of 310 a week and the lowest figure for six years.
This is despite the fact that the Great British Pound is currently riding at it's highest levels against the US dollar for years.
Posted by at December 20, 2004 07:16 PM
> Discuss this in the Platinax Business forums
|
