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

Stock image: Pexels

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

:

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