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Big FourBusiness Recovery

Q1 2022 sees record number of cost and supply chain profit warnings

Despite strong levels of consumer spending, EY said UK-listed retailers issued nine profit warnings in Q1 2022

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The number of profit warnings issued by UK-listed companies in the first quarter of 2022 increased 44% year-on-year, with a record number of warnings citing rising costs as increased commodity and energy prices fuel inflation, according to the latest EY-Parthenon Profit Warnings report.

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