Irish Company Insolvencies Expected to Peak Next Year

Irish Company Insolvencies Expected to Peak Next Year

By |2020-08-10T13:03:17+01:00August 10th, 2020|Press|

“In the short-term my prediction is that insolvency numbers will return in 2021 to the worst numbers of the last recession,” said Neil Hughes, Managing Partner. “However, I expect them to drop back down sharply again in 2022.”

 

As the economic fallout from COVID-19 continues, the level of corporate insolvencies in Ireland are expected to spike next year.

Full article appears in The Irish Times. Read Here

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About the Author:

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Accounting, audit, tax and consulting – the life of your business. Hughes Blake is the Republic of Ireland representative of Integra International, a global association of independent accounting firms.