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Brexit latest: Number of UK firms in critical financial distress soars 17%

Brexit latest: Number of UK firms in critical financial distress soars 17%

Publicerat av Tony Harkén tisdag, 30 april 2019.

Property sector hit hardest, followed by financial services, leisure and culture, research finds.

The number of UK businesses in “critical” financial distress jumped 17 per cent over the year to the end of March, with a significant deterioration seen in the first quarter of 2019 as Brexit uncertainty deepened.

Research by insolvency firm Begbies Traynor found that almost half a million businesses – one in seven of all UK companies – were in significant financial distress in the first three months of 2019.

Take Part Of - Brexit latest: Number of UK firms in critical financial distress soars 17%

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