Business Failures Rate Rises for Wales

Daily PostDecember 29, 2010

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BUSINESSES and jobs are being lost at a faster rate in Wales than the rest of Britain, new figures showed. In the last two months 124 businesses in Wales failed, a significant increase on the previous year when there were just 110 according to business information firm Equifax.

The firm revealed that Wales had the highest year-on-year increase in businesses going bust in Britain at 12.2 per cent, up from 156 in quarter three of 2009 to 175 this year.

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Business Failures Rate Rises for Wales

Equifax's external affairs director Neil Munroe said there remaine...

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