630,000 UK businesses in serious distress, says Begbies Traynor
London has seen a 33% increase in significant financial distress since Q4 2019
![](https://b1227710.smushcdn.com/1227710/wp-content/uploads/2021/01/gary-butterfield-yRofgQw2c6s-unsplash-e1611307057432.jpg?lossy=1&strip=1&webp=1)
Some 630,000 businesses in the UK are in “serious distress”, according to Begbies Traynor’s latest Red Flag Alert research for Q4 in 2020.