Threats to business solvency are unlikely to go away anytime soon, one of the North East's top restructuring professionals says. After a year in which the region saw the demise of high profile names such as Tolent, VBites and Great Annual Savings Group, Andy Haslam, partner at FRP Advisory, says conditions are unlikely to improve dramatically in the near term. The seasoned insolvency professional, who has dealt with a raft of business failures in 2023, said that many "brilliant" business had been pushed to the brink by factors outside of their control. He said: "Regrettably, there has been upsurge in insolvencies and as we enter…
Business conditions likely to remain challenging in 2024, insolvency expert says
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