Never mind the weather – Begbies waves red flag over perfect economic storm
As the whole of Britain is hit by Storm Isha, the latest Begbies Traynor "Red Flag Alert" report, which has provided a snapshot of British corporate health for over 15 years, has highlighted the speed at which critical financial distress is growing in the UK after the second consecutive quarter of less than quarter a per cent of growth.
The detailed study of the UK economy reveals that 47,477 businesses are starting 2024 in a precarious financial position of which “a significant percentage” of the businesses identified as being... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
