Deloitte: Drop Of Over A Third In The Number Of Corportate Insolvencies.

Monday, 11 October 2021 09:14

Leinster has seen the highest number of companies going bust.

There's been a drop of over a third in corporate insolvencies in this country.

Deloitte says the total number up to the end of September this year is 278, down from 431 on the same time in 2020.

It believes Covid supports are probably holding back the tide on firms going bust.

Partner Deloitte Corporate Finance, David Van Dessel says Leinster has seen the biggest number of insolvencies:

Overall there's been a drop of 36 per cent in companies being wound down up to the end of September, compared to the same time in 2020.

David Van Dessel describes what's driving this fall

More from National News

Van Stolen During Maynooth Home Invasion Used In High-Speed Chase By Notorious Criminal

Kfm reported how the woman was allegedly assaulted after she confronted the masked men at around 4am on Wednesday morning
EU Vows To Respond To Trumps 50% Tariff Threat on European Goods

Audio

The US President says negotiations are failing, and has accused the EU of unfair trade practices.
Hundred's Queue In The Rain For Just 38 New Homes In Dublin As Housing Demand Soars

Audio

The 3-bedroom homes at the Seven Mills housing development between Clondalkin and Lucan cost nearly half a million euro.
Cllr Rejects "Anti-Housing" Label, Calls For Indoor Pool In Plans For Machinery Yard In Newbridge

That's according to Social Democrats Cllr Chris Pender, who has criticised possible plans by the Land Development Agency (LDA) to develop the former Machinery Yard site in Newbridge for housing purposes only.
Clane Woman Starts Hunger Strike Until Occupied Territories Bill Signed Into Law

Now living in Galway, Sophie Ní Choimín has been actively involved in protests and fundraising for Palestine but says these efforts are no longer enough due to the Israeli blockade imposed in March, which has blocked aid supplies.
Maynooth Mother Told By Gardai To Block Front Door With Furniture After Home Invasion By Masked Men

Audio

Speaking about the frightening ordeal, she described the moment she confronted the criminals as "terrifying" and now acknowledges the potential danger of the situation.
Small Win For Derrinturn As Garda Station To Open On Sundays, But Campaign For Safety Continues

Last year, a judge warned that lives would be lost over an ongoing feud between two rival groups in the area.
Athy Visit By Bernie Sanders On Sunday Could Be Interrupted By Pro-Palestinian Demonstrations

Supporters of Palestine held protests during Sander's last visit, criticising him for not declaring what is happening in Gaza as Genocide.