16 March 2007

Spin On This

Latest figures on the numbers of companies going into administration doesn't look good.


Any explanations?

6 comments:

mutleythedog said...

Hmmmm - the economy is up the shoot?

Anonymous said...

there is a shift from taking a firm straight into liquidation to administration, because then assets can get a better price, and a chance to get back on feet.

Ed Balls said...

obviously this is good news for the economy as it reflects the increase in new business start-ups. If you look at the percentages of businesses going out of business (adjusted for the economic cycle, of course) you will find that the figures have improved year on year since the disastrous days of the last Tory government...

...can I have your job now please, Gordon

Peter Smallbone said...

Labour.

Shotgun said...

or more specifically; Gorgon Brown

Bu who gives a toss when the silent mong majority voting for these tossers can still pull in 2 or 300 quid a week from tax credits?

Man in a shed said...

A very large number of companies cease trading within one year. It could represent higher start-up rates after "The Dragons Den" came on air.

Are figures on company formations available from the same source ?