Covering the Yorkshire region, Richard Oddy is a partner, licensed insolvency practitioner and business restructuring, turnaround and rescue expert at regional accountancy and business advisory firm Azets, with offices in Leeds, Bradford and York.
He said: “Corporate insolvencies reached a four month high in February, as the consequences of a poor Christmas trading period, ongoing creditor assertiveness, continued cost pressures, and issues accessing finance came to a head and led to more firms turning to an insolvency process to help address their financial issues and their debts to their creditors.
“While the figures for la