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
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 ...