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Economy

Hanging on: Liquidation figures decline

Victoria Young & Andy Fyers
Tue, 22 Dec 2020

Victoria Young & Andy Fyers
Tue, 22 Dec 2020
The number of companies going into liquidation has dwindled in recent months, despite the economic impact of covid-19, data compiled by BusinessDesk shows.Like gross domestic product and consumer spending data, which had been expected to take a sustained hit as the economy endures the covid-19 pandemic, liquidation data also runs counter to intuition.Monthly liquidator appointment figures show total liquidations, which reached 222 and 247 in August and September respectively, have halved to 115 in October and 119 in November.EY restructuring he...

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