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According
to the latest figures from leading business information specialist,
Equifax, business failures rose across a number of major sectors in
2005, causing concern for many companies as they go into the New
Year. The Retail sector suffered the greatest increase in failures,
rising 25% compared to 2004. The Hotel & Catering and
Construction sectors came joint second, with both recording increases
in failures of 19% year on year. The Transport & Communications
sector reported an increase in failures of 11% year on year and the
Manufacturing sector saw failures rise by 7%.
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