Businesses in critical distress surge by a quarter in Q3, Begbies finds

Construction and Real Estate companies now account for almost 30% of all companies in critical financial distress

Almost 40,000 UK businesses are now in ‘critical’ financial distress, up by nearly 25% between Q2 and Q3 2023, with the number now standing at 37,722, according to new findings from Begbies Traynor.

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