Thousands of Manchester businesses in financial distress - this free advice can help

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manchestereveningnews.co.uk

The Debt Solutions Hub is working with businesses across Manchester to help them through difficult trading conditions. It’s not just the likes of our best known airlines and popular high street chains which are being hit by the fallout.Some of Manchester's best loved local businesses - the lifeblood of our neighbourhood communities - are being hit hard by the slump.In Manchester insolvency notices were issued for 102 businesses in the first three months of the pandemic (March 24 to June 30), according to research by the BBC Shared Data Unit, and there are concerns for how this will develop as furlough payments are reduced and government support schemes revised.The same period saw 2,622 new businesses resgister.

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