âZombieâ firms kept alive to grab government cash Scores of âzombie companiesâ were kept alive in order to receive final government stimulus measures before being shut down, according to an insolvency expert.
Business by Glen Norris
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Subscriber only Scores of zombie companies have been kept alive in order to receive final government stimulus measures before being shut down, according to a leading insolvency expert. Revive Financial partner Jarvis Archer said the clean up of zombie companies was under way with an increase in liquidation appointments across a range of industries. A zombie company is defined as a failing firm that needs a bailout to successfully operate.
Zombie firms kept alive to grab government cash
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Zombie firms kept alive to grab government cash
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