📈 Lincolnshire insolvencies surged by 59% in 2022
Lincolnshire's business community is grappling with the effects of tough trading conditions, as recent figures reveal a rise in insolvencies among small firms in the county.Over the past four years, Lincolnshire has seen a total of 204 insolvencies.
Councillor Colin Davie, the Portfolio Holder for Economy at Lincolnshire County Council , expressed confidence in the county's ability to weather the storm. This surge in start-ups signifies the determination and ambition of individuals to pursue their business ventures despite the challenges. Amidst these challenges, the FSB aims to send a clear message to small business owners that"you are not alone."
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