David Van Dessel News Today

Business failures are back to pre-pandemic levels after three years of being artificially reduced by Covid-19 supports.

Companies are grappling with rising costs and interest rates, and more than €2 billion of warehoused tax debt built up over the pandemic falls due in 12 months

A total of 146 corporate insolvencies were recorded in Ireland in the first three months of the year, according to the latest insolvency statistics published by Deloitte.

A total of 146 corporate insolvencies were recorded in Ireland in the first three months of the year, according to the latest insolvency statistics published by Deloitte.

Figures from Deloitte indicate more than 145 business failures recorded in first three months of the year

A total of 146 corporate insolvencies were recorded in Ireland in the first three months of the year, according to the latest insolvency statistics published by Deloitte.

Businesses in the services sector in Ireland account for the highest proportion of corporate insolvencies with 195 in the first nine months of the year

Corporate failure rate down on 2020, but ‘true economic impact’ of crisis not yet clear

Call for proposals to rescue small businesses to focus on those with viable futures Leading insolvency practitioner argues against excluding some creditors from the process about an hour ago   New proposals to rescue small businesses in the wake of the Covid-19 crisis must focus on those with viable futures, a leading insolvency practitioner has warned. The Company Law Review Group (CLRG) has been seeking views on proposals for a scheme to rescue financially-troubled small businesses that avo...

Insolvencies fall 30% to 111 in first three months Government supports likely concealing true levels of distress says Deloitte about 2 hours ago   Insolvency struck 111 companies in the first three months of this year, 30 per cent less than during the same period in 2020, new figures show. Statistics published by accountants Deloitte show that 111 companies went through various insolvency procedures in the first quarter of this year. The firm suggested that the 30 per cent decline from 159 du...