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Clare Records One Of Highest Increases In Company Insolvancies

Clare recorded one of the highest increases in company insolvancies in the first three months of this year.

A new report from Credit risk analyst CRIFVision-Net outlinesa 70% increase, year-on-year, in the number of company insolvancies across the country in the first quarter.

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The hospitality, computing, retail, leasing and construction sectors all saw increases in this type of closure.

In Clare there was a 200% year-on-year increase in company insolvancies, a figure exceeded only by Kildare, Wicklow, Mayo, Meath and Sligo.

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