The number of companies that have gone bust in North East Lincolnshire has trebled since before the pandemic.
North Lincolnshire was one of 34 out of the 221 to see a fall. There were 14 insolvencies in North Lincolnshire in 2019, and this was down to eight last year. “With interest rates, they are still not high in relative terms, but high in terms of how this generation perceives them, together with inflation that until recently seemed to be galloping out of control.