630,000 UK businesses now in significant financial distress as new lockdown comes into effect

Posted On: 21st January 2021
630,000 UK businesses now in significant financial distress as new lockdown comes into effect

The latest Red Flag Alert research for Q4 2020 has recorded 630,000 businesses in ‘significant distress1’ after the largest numerical quarterly leap (73,000) in financially distressed companies since Q2 2017. This 13% increase (from 557,000 in Q3 2020) comes as the UK is plunged into another nationwide lockdown.

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Posted By: BTG Global Advisory

Posted On: 21st January 2021

BTG Global Advisory is one of the world’s largest specialist independent financial advisory alliances.