Historic jump in companies in critical financial distress
Source: BBC
There's been a record jump in the number of UK businesses in critical financial distress, according to insolvency specialists. This comes at the same time as a drop in consumer confidence as more people have concerns over the UK's financial prospects as well as their own.In their latest report, insolvency experts at Begbies Traynor said a company can be considered in critical financial distress if they have an…
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