cover of episode How many companies failed last year?

How many companies failed last year?

2023/1/9
logo of podcast Breakfast Business with Joe Lynam

Breakfast Business with Joe Lynam

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Shownotes Transcript

We’ve got an idea now of how many companies failed last year.

Needless to say the number is substantially up on the previous year when firms were protected by Government support during lockdowns. According to the PwC barometer, the number of insolvencies last year stood at 527 - up 39% on 2021.

But that number could rise substantially this year. Ken Tyrrell, PwC Ireland Business Recovery Partner discussed these figures with Joe.