Business collapses spread beyond property

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 90%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

Insolvencies and restructurings have hit the highest monthly level in more than seven years, as higher interest rates and weaker consumer spending start to bite.

Oscar Colman

While some of the spike is attributed to a “catch-up” of struggling businesses that delayed folding during the pandemic, insolvency practitioners say momentum is building after a quiet few years. “We know interest rate rises are becoming a problem on a range of levels and the tax office is going to start getting much harsher with people about unpaid corporate tax.”

McGrathNicol chairman Jason Preston said, “money is no longer free” and marginal businesses were struggling to access equity and debt funding to stay afloat.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 2. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Allegro to pay just $1 to save PwC’s government businessAbout 130 PwC partners and about 1750 staff from the firm’s embattled government consulting arm will join a new company codenamed Bell under the cut-price deal.
مصدر: FinancialReview - 🏆 2. / 90 اقرأ أكثر »

PwC Australia appoints new CEO, offloads government businessPwC has appointed one of its most senior global executives to take control of its Australian firm and has confirmed the sale of its government business to private equity group Allegro Funds for $1.
مصدر: theage - 🏆 8. / 77 اقرأ أكثر »

PwC Australia appoints new CEO, offloads government businessPwC has parachuted in one of its most senior global executives to take control of its Australian firm and has confirmed the sale of its government business to private equity group Allegro Funds for $1.
مصدر: brisbanetimes - 🏆 13. / 67 اقرأ أكثر »