Accounting Firms
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
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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