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Insolvencies is approaching pre pandemic levels

According to Deloitte's research, the number of company insolvencies is approaching pre-pandemic levels. Given how many firms were artificially kept alive with taxpayer support for 2 years, it was to be expected. But as we face a global downturn will...

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07.00 12 Dec 2022


Insolvencies is approaching pre pandemic levels



Share this article

07.00 12 Dec 2022


According to Deloitte's research, the number of company insolvencies is approaching pre-pandemic levels. Given how many firms were artificially kept alive with taxpayer support for 2 years, it was to be expected. But as we face a global downturn will the number of companies winding upstart to accelerate in 2023?

David Van Deesel - Partner in Financial Advisory with Deloitte joined Joe on the show this morning.


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