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  • 25% Rise in Critical Financial Distress Pushes Almost 40,000 UK Companies Towards Insolvency

25% Rise in Critical Financial Distress Pushes Almost 40,000 UK Companies Towards Insolvency

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Insolvency Insider
November 03, 2023

Begbies Traynor has released its most recent Red Flag Alert report, showing that there has been a marked increase (nearly 25%) in the number of businesses in ‘critical’ financial distress since Q2, particularly in the construction, real estate and retail sectors.