Northern Ireland sees financial distress steady in first quarter of 2024
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In Q1 2024, there was a fall of just below 1% in the number of businesses in Northern Ireland experiencing ‘significant’ or early-stage financial distress compared with Q4 2023. In the last quarter, under 9,000 businesses in Northern Ireland were affected by this type of distress (which refers to businesses showing deterioration in key financial ratios and indicators including those measuring working capital, contingent liabilities, retained profits and net worth). The province also saw a fall...

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