2011 will be very challenging year for nearly everyone as the effects of the spending cuts become more apparent. The Liverpool Daily Post earlier today reported on the number of business failures across the Merseyside area and last year saw a reduction in the number of businesses across Merseyside as a result of business failure.
http://www.liverpooldailypost.co.uk/liverpool-news/regional-news/2011/01/03/mersey-business-base-hit-by-recession-92534-27923574/
St Helens sadly doesn't feature much better with the number of business failures double the national average as reported by the Daily Post.
This news presents a worrying picture as it indicates the fragile nature of the local economy and the difficulties in running businesses within the current economic climate.
Lets hope there is more positive news in the year but at the moment many people are bracing themselves for the effects that will impacted upon local authorities in the weeks ahead.
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