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Failures slowing

15th April 1993, Page 13
15th April 1993
Page 13
Page 13, 15th April 1993 — Failures slowing
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Which of the following most accurately describes the problem?

• Six haulage companies failed last month bringing the total up to 21 so far this year according to statistics compiled by accountant Touche Ross.

The figures are a slight improvement on last year when to date 27 companies either went into receivership or were subject to administrative orders.

Touche Ross urges banks to keep their nerve as hauliers will need further funding as the country moves back to prosperity

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People: Touche Ross

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