Companies showing signs of recovery

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BUSINESSES in Yorkshire and Humberside are showing encouraging signs of recovery from the economic gloom, according to new figures released today.

Business rescue and recovery specialists Begbies Traynor claim levels of critical distress among companies in the region has fallen by seven per cent in the second quarter of 2011 when compared with the same period of 2010. The UK average shows a slight rise in levels of distress of 1.4 per cent year on year.