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‘Business failures have spiked’: Recovery firm

A debt recovery agency has claimed there was a noticeable spike in the number of businesses winding up last financial year, in a warning about rising cost pressures and financial stress.

‘Business failures have spiked’: Recovery firm
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  • Shared by MyBusiness
  • July 16, 2019
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Citing figures from insolvency firm Rodgers Reidy, Prushka Fast Debt Recovery said there had been a “worrying spike” in the number of applications to wind up a company in the 2018–19 financial year.

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