A total of 273 firms were declared insolvent in the first six months of the year. That's actually down 11pc from the first six months of 2019, when 311 firms were wrapped up nationwide. Forty-eight hospitality firms failed in the same period, 13pc higher than a year ago. Among services firms, 30 financial services firms have been declared insolvent this year, followed by 24 personal services firms and 11 real estate and property services firms, the analysis shows. Leinster firms accounted for 73pc of all insolvencies - representing 199 firms - so far this year, Munster 20pc, Connacht 4pc and Ulster 3pc.

Source: Irish Independent July 02, 2020 23:03 UTC