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According to accounting company Taylor Woodings, January saw a record number of firms collapse. The article links this surge in business failures to a combination of a strong dollar, tight lending conditions and volatility in some industries.

The article cites a strong dollar as one of the key contributors to the wave of collapses in January. While it doesn't give details, it highlights currency strength as a notable pressure on companies during that period.

Taylor Woodings identified tight lending conditions as another major factor. The article indicates limited access to credit or tougher borrowing terms were part of the environment that increased collapse risk for some firms.

No — the article mentions 'volatility in some industries' as a contributing factor but does not name which industries were affected.

Taylor Woodings is described in the article as an accounting company. Their observation that January had a record number of firm collapses is relevant because accounting firms often track insolvencies and financial stress indicators that investors watch.

The article's use of 'record number' signals an unusually high level of firm failures in that month. For everyday investors, this points to heightened risk in parts of the market and the importance of staying informed about economic factors like currency moves, lending conditions and industry instability.

Based on the article's listed causes, investors can keep an eye on currency trends, credit market conditions and news about sector-specific volatility. The article itself highlights those three areas as drivers behind the spike in collapses.

The article doesn't give specific investment advice, but it does underline that a strong dollar, tight lending conditions and industry volatility coincided with a record number of collapses. Investors may want to review exposures to companies sensitive to these factors and stay alert to further market updates.