- Ebookers launches Facebook competition for couples »
- New Cook boss expected to boost firm's online strategy »
- Knowledge of mobile payments lacking in industry, finds study »
- Ritz Carlton president shares hotel tips in new app »
- Medhotels signs up for time-saving Multicom feature »
- Travelport gets all social with Digital Visitor tie-up »
- CarTrawler beefs up management team »
- In-house tech team trumps agency approach for attractions specialist »
- Social and mobile impact on sales ‘overhyped’ »
- Travel Bloggers Unite unveils online jobs service after tie-up »
- Guest post: Driving traffic from search just got a whole lot harder »
- HRS to demonstrate how hotels can distribute for 0% commission »
- Travesse announces £1.3m boost for hotel booking engine Starfish »
- Sabre strikes distribution deal to expand easyJet’s reach with agents »
- Amadeus pledges to use €200m European loan to revolutionise travel »
- SiteMinder hails deal with India's MakeMyTrip »
- OTA’s Ryanair sales prompt demand for legal clarification »
- Guest Post: How the new cookie regs will affect call tracking solutions »
- Expedia gets more personal with revamped beach pages »
- Travel technology’s evolution lagging other sectors »
Insolvencies down year-on-year, says Experian
Comments
The number of business insolvencies in February fell year-on-year according to figures from Experian.
The total number of insolvencies was 1,834 compared to 2,160 in February 2009 – a decline of 15.1 per cent.
The financial strength score of UK businesses, which is the likelihood a business will fail in the next 12 months, also improved from 79.96 to 81.18 year-on-year.
The Greater London area emerged as the region where companies had the lowest financial strength score although there has been some improvement in the past year.
Larger companies, with more than 501 employees, saw the biggest improved in the rate of insolvency from 0.20 per cent in February 2009 to 0.10 per cent in 2010.
Insolvencies remained the same for the leisure and hotel sector year on year with the failure of 139 businesses while in the transport sector 65 insolvencies were reported for February 2010 compared to 80 in February 2009.
Comments
Travolution on Twitter
Recent Activity on Facebook
Most ReadMost Popular DiscussionsLatest Comments
- © Travel Weekly Group Ltd 2011.
- About us
- Contact us
- Advertise
- Terms & Conditions
- Disclaimer
- Privacy
- Site Map
- Mobile