More than 30,000 East Midlands firms now in financial distress

More than 30,000 East Midlands businesses are experiencing "significant" financial distress as rising costs and weak confidence continue to put pressure on companies across the region.

New figures from financial and real estate advisory group BTG's latest Red Flag Alert show 30,695 East Midlands companies were in significant financial distress during the second quarter of 2026, up 0.2% on the same period last year.

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