West Midlands outperforming other manufacturing regions

West Midlands manufacturing businesses are outperforming their regional counterparts – as new research reveals they are among the most financially stable in the UK.

February figures compiled by insolvency and restructuring body R3’s Midlands branch, using Bureau Van Dijk’s Fame database, show that around one-in-four (28.5 per cent) manufacturing businesses in the region are at higher than normal risk of insolvency.

This is the lowest percentage in the UK outside of Northern Ireland, which registered 28.2 per cent.

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