Fewer failures knock Begbies’ revenues

REGIONAL accountancy group Begbies Traynor is continuing to see fewer insolvencies and has warned this trend may hit its full-year performance.

The Manchester-headquartered group described market conditions as "challenging" because of an 8% fall in corporate insolvencies in the first six months of the year - down to 8,948 from 9,727.

In an AGM statement covering the first four months of its financial year, Begbies admitted these numbers were worse than expected and year-on-year revenues were down, but this has... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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