Interview: The businesses most at risk from payment defaults
Published August 23, 2023
During the pandemic, the level of government support meant a lot of businesses remained afloat longer than they normally would have. As a result, we saw a much lower insolvency rate than usual.
But the rate of business administrations is now back to pre-COVID levels. Patrick Coghlan, CEO of CreditorWatch, talks to Sean Aylmer about the release of the new Business Risk Index, and the sectors most at risk of payment defaults.
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