Number of UK firms in 'critical distress' increases by almost 10%

NAMPA / DPA
2026-08-25
London (PA Media/dpa) - The number of UK businesses in "critical financial distress" has jumped by almost 10% amid particular pressure on leisure firms and hotels, according to research. The downbeat outlook for British firms comes amid a backdrop of global economic uncertainty and rising costs. Begbies Traynor Group's (BTG) latest quarterly red flag report indicated that more firms edged closer to collapse in the second quarter of the year. It f......
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