Nearly one-in-five listed companies have issued profit warnings in the past year

The number of UK-listed companies issuing a profit warning over the last 12 months grew to 18.7%, 1% higher than 2008, at the peak of the Global Financial Crisis, according to EY-Parthenon’s latest report. In Q1 2024, the number of profit warnings issued by UK listed companies fell 7% year-on-year to 70 and dropped slightly…

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Debt and inflation drives surge in companies entering financial distress

Thousands of companies are running out of time as the burden of rising interest rates, unmanageable debt, subdued consumer confidence, higher material and labour costs, and wider economic uncertainty combine to put considerable pressure on businesses across the country, according to the latest Begbies Traynor Red Flag Alert. The latest data is sourced from a…

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