The South suffers record rate of business failures
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• Prospects for haulage could begin to lift this summer, according to one survey out this week — but another suggests that more transport firms are going bust than in any time during the past decade.
The Confederation of British Industry says the worst of the recession is almost over, but predicts that unemployment will continue to rise.
However, business analyst Dun and Bradstreet has found that almost 8,000 companies crashed in the first three months of 1991 — the highest quarterly figure since 1980 — with the South-East and London suffering the most. El GRP panel manufacturer Dawnpress is planning a creditors and shareholders meeting for 11 April to decide whether to go into voluntary liquidation.
Stockport-based Dawnpress makes panels for dry freight and insulated bodywork.