Galway has second highest level of insolvencies this month

Galway Bay fm newsroom - Galway had the second highest level of insolvencies in January according to figures from vision-net.

8 percent of the country's insolvencies for the month of January were in Galway, behind Dublin which had almost half of the country's insolvencies.

According to the business barometre, the sector most hit by insolvencies is property, which accounted for 16 percent of the total for January.