Companies

Almost 60% of Irish firms forced to write-off bad debts last year as insolvency pressures mount

A new survey by Mason Hayes and Curran has found that companies are reporting a sharp rise in bad debts as credit conditions weaken

Cases of bad debts are on the rise in Ireland, a new survey by Mason Hayes and Curran has found

Almost two third of Irish businesses have been forced to write-off a bad debt in the last year, a new survey has found.

A poll conducted recently by law firm Mason Hayes and Curran has found that 59 per cent of businesses have had to write-off a bad debt in the last year as credit conditions weakened across multiple sectors of the Irish economy.

The survey, was conducted among 144 industry professionals, found that 55 ...