Bryan Williams: BWA Insolvency Founder says 15-hundred businesses are going under per year
The Mike Hosking Breakfast - A podcast by Newstalk ZB - Thursdays
The number of businesses going under is still below pre-pandemic figures, but the rate is increasing. A BWA Insolvency report has found there's been a 48 percent increase in formal insolvencies in the third quarter, compared to the second. BWA Insolvency founder, Bryan Williams, says that pre-Covid 25-hundred businesses went under a year... it's currently about 15-hundred. He told Mike Hosking that there's about to be a slew filing for insolvency, after Covid handouts propped up struggling businesses. LISTEN ABOVE See omnystudio.com/listener for privacy information.
