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Birmingham Post
Birmingham Post
Business
Hannah Baker

Exclusive: 52 South West companies collapse as firms come under 'increasing strain'

South West Bristol Cheltenham Evelyn Partners Exeter

The number of companies in the South West collapsing into insolvency has risen by nearly two thirds in a year, new research has revealed.

There were a total of 52 firms in the region that went bust in May - a rise of around 60% compared to the same time in 2021.

According to analysis of public records site The Gazette by the Bristol office of professional services firm Evelyn Partners ( formerly Tilney Smith & Williamson ), the region’s service and retail sectors were particularly badly affected.

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