For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The number of UK companies …
People visit a shopping mall in Berlin, Germany, on Feb 1, 2023. Germany has experienced an increase in corporate bankruptcies as 5,209 companies filed for insolvency in the first quarter, according to the Federal Statistical Office, Destatis. The first three months of this year saw a 26.5-percent increase in bankruptcies compared to the same period last year and an 11.2-percent …
Australia's most powerful central banker has suggested corporate insolvencies are at a decade-high during a building crisis because many companies couldn't cope with interest rates rising from record lows. Reserve Bank of Australia Governor Michele Bullock has weighed into this to imply many of these businesses couldn't cope with interest rates rising from a record-low of 0.1 per cent. Reserve …
Experts predict business insolvencies in the UK will rise by 15 per cent in 2023 In comparison, Germany's economy will decline by 0.7 and France's by 0.4 The UK economy is mired in deepening gloom today as figures showed manufacturing slumping. Analysts at insurer Allianz Trade predicted UK plc will shrink 0.9 per cent this year as it is battered …
