Phoenix-company revivals more likely to fail again, study finds

Research reported by The Guardian finds businesses revived in 'phoenix' deals are more likely to fail again. It also says pre-pack deals with former management pay creditors far less.

Timeline

1. 25 Oct, 09:00 UTCGuardian publishes exclusive study on phoenix firms

Top sources

• Bust companies revived in ‘phoenix’ deals more likely to fail again, study findsThe Guardian