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723,000 businesses in ‘significant financial distress’, says Begbies Traynor

The research found that there was a 42% increase in significantly distressed companies since Q1 2020 and a 50% increase in distress within the financial services sector

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Some 723,000 businesses are reportedly in “significant financial distress” according to the latest Red Flag Alert research for Q1 2021 by Begbies Traynor.

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