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Northern Ireland should prepare for ‘unprecedented’ number of firms going bust, Baker Tilly Mooney Moore warns

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Darren Bowman

Darren Bowman

Darren Bowman

Northern Ireland should prepare itself for “an unprecedented number of business insolvencies” as Government support schemes end, an accountancy and advisory firm has said.

Belfast-based Baker Tilly Mooney Moore warned that from July 1 — the date when the UK government will gradually reintroduce some of the insolvency-related rules that had been suspended because of Covid — many businesses could face collapse.


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