The rate of business failures is now the highest it has been since the COVID-19 pandemic, and it is only set to grow as the cost of doing business squeezes companies from all sides. The rate of business failures is now the highest it has been since the COVID-19 pandemic, and it is only set to grow as the cost of doing business squeezes companies from all sides. Bankruptcy, Economic Trends and Indicators, Small Businesses, Economy, Hospitality Industry, Housing Construction Industry, Retail Industry Latest business news