Cover Feature – Accountants Wade in

As seven retailers go out of business every week, the demand for experts who can rescue drowning companies has never been greater, finds Philip Smith.

Retailers have felt the full force of the recession as consumers have reined in their spending sprees. Big Four firm PricewaterhouseCoopers has calculated that seven retailers went bust every day in the first three months of this year – a staggering 60% up on the same time last year.

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