Up to 1,000 Irish companies could go out of business this year, a new study has predicted.
The latest insolvency barometer from PwC, the professional services firm, said business failures rose significantly at the end of 2022. “Based on a possible global recession and on business failures reaching 1,000, PwC’s Q1 2023 barometer estimates the direct economic impact of business failures will be in the range of €3 to €4 billion in 2023, and possibly ...
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