However, the report also claims that economic recovery will be "two-speed" as firms in the consumer sectors, such as leisure and retail, struggle to improve, while manufacturing, real estate and business sectors experience better trading conditions. A spokesperson for the firm said this is due to the predicted drop in consumer spending.

For more on this story go to:
http://www.bdo.uk.com/news/2009/business-failures-peak-in-sight-but-recovery-will-be-two-speed-says-bdo-llp-report.html