- by Ian Finnie on 08/02/2018
Many aspects of that recovery are demonstrated in our 2017 Annual Review. Last year was the first time in almost two decades more than 20,000 Companies were registered, up 8% on the previous year. Company insolvencies fell by a further 10%. In addition to this our Recovery Index shows a growing confidence among Irish consumers as our economy steadies its path to prosperity.
So while there is no doubt our recovery continues we are not invulnerable. Unpaid debt remains a concern with nearly ?117m per week lost to Irish Businesses in Bad Debt in 2017.
Full details are available in our 2017 Annual Review, a comprehensive analysis of business trends in Ireland today. To view the full report, simply click the link above.
2 out of 3 businesses say their costs are higher today than pre-recession levels. The Vision-net 'Cost Of Doing Business Report', highlights the increasing trend towards rising business costs.