Number of Firms Going Bust to Triple [Eire Region]

Daily MailNovember 02, 2009

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Summary


THE number of firms going bust will be three times higher than in 2008, disturbing figures have shown.

Already this year, around 1,208 have folded compared to 571 for the whole of last year, with experts predicting an unprecedented 1,400 could go to the wall by the end of the year. The grim statistics indicate the severe depth and reach of the recession which is showing no signs of releasing its grip on the economy.

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Number of Firms Going Bust to Triple [Eire Region]

Despite a prediction last week by the employers g...

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