Zombie allusions: They just keep on coming-unable to pay debts in the UK

http://www.channelweb.co.uk/crn-uk/news/2226619/uk-zombies-shuffle-closer-to-apocalypse

UK zombies shuffle closer to apocalypse

Nine per cent of UK businesses now "zombies" unable to pay debts

"The proportion of "zombie" businesses in the UK – those unable to pay their debts – has risen to nine per cent since July, when just 146,000 said they could only just manage to service their interest.

Lee Manning, president of insolvency professionals trade association R3, said that its research shows there are now 160,000 "zombie" businesses in the UK, up from 146,000 – or eight per cent of all UK businesses – in July.

That means 14,000 new "zombies" have been created in the last four or five months."

Read more: http://www.channelweb.co.uk/crn-uk/news/2226619/uk-zombies-shuffle-closer-to-apocalypse#ixzz2CxM3spCV
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