A Clare-based insurance company says businesses are facing a period of heightened financial uncertainty due to ongoing global economic disruption.
New figures contained in PwC’s latest Insolvency Barometer for the first three months of this year show insolvency levels remain high, with risks around late payments and cashflow continuing to mount.
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Sectors like retail and hospitality are particularly exposed, as wider economic uncertainty makes trading conditions more challenging.
Branch Manager at Campion Insurance in Ennis, Michael Henchy says trading conditions are becoming especially difficult for some industries.
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