There are growing fears that 2023 could see a wave of company collapses as the cost of living crisis continues, says an article published on BCC.
Rise due to higher costsThe number of firms on the brink of going bust jumped by more than a third at the end of last year, said insolvency firm Begbies Traynor.
It expects this number to rise due to higher costs, firms repaying Covid loans and consumers cutting back.
Never-ending nightmare
Paul Jones, co-founder of brewery Cloudwater...