Accountant and business adviser BDO Stoy Hayward says there will
be little change in the number of
technology business failures in 2008 and 2009, despite the
economic downturn.
According to its latest
IndustryWatch
research, the number of business failures for the technology, media
and telecoms sector in 2008 is expected to remain flat at
1,414.
BDO says there will be a less than 1% rise in failures to 1,428
in 2009, with the number falling to 1,356 in 2010.