“The government support and the tax warehouse prevented the tsunami of insolvencies”
A financial advisory partner with the accountancy firm Deloitte, David Van Dessel has been tracking company failures for more than a decade, producing quarterly reports on how many companies are going out of business and what sectors of the economy are struggling most. Earlier this week, Van Dessel published the data for the first quarter of the year showing that corporate insolvencies in the Republic rose by 22 per cent in the first three months of the year compared with the same period last year. In this podcast, he talks to Ian Kehoe about whether the long-anticipated wave of liquidations is finally set to happen.
