THE proportion of "zombie" businesses in Scotland and Northern Ireland is more than twice that in the UK as a whole, a survey published by insolvency trade body R3 shows.
THE proportion of \"zombie\" businesses in Scotland and Northern Ireland is more than twice that in the UK as a whole, a survey published by insolvency trade body R3 shows.
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Ian McConnell Business Editor
According to R3's survey, 18% of businesses in Scotland and Northern Ireland are able to pay the interest on their debts but not repay the debts themselves.
This is the highest proportion in any part of the UK, with Greater London next at 17%. It is also twice the UK average of 9%.
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