Insolvencies to ‘spike from spring’, restructuring specialist warns

insolvent

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Number of firms going bust will increase as government support measures wear off

A senior figure at a corporate recovery specialist has warned he is expecting the number of firms to go under to begin increasing from the spring as government support measures to help businesses through the pandemic taper off.

FRP Advisory has worked on several high-profile construction collapses in recent years including those in 2019 of Shaylor and Simons.

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