Begbies Traynor, the insolvency accountants, described the latest picture created by its “Red Flag Report” as “particularly worrying”.
It found that the number of firms in “significant financial distress” hit 601,950 in the second quarter, up by almost 37% year-on-year and almost 9% from the first quarter.
The construction sector had the most firms in trouble, at just over 6,000, followed by support services at just under that number.
Denne historien er fra July 22, 2024-utgaven av Evening Standard.
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Denne historien er fra July 22, 2024-utgaven av Evening Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Arteta's five-year Lewis-Skelly plan pays out in gold
Teenage star's precocious talent and fearless nature justifies the hype in breakthrough season
The Hill Garden and Pergola
Can heritage be romantic? Without a doubt.
Reallife calling: don't let AI suck the love out of online dating
In Spike Jonze's 2013 film, Her, Joaquin Phoenix falls in love with the AI chatbot inside his phone.
Why Space X could destroy the fragile Musk-Trump bromance
The race to Mars could make or break Elon Musk's special relationship with the President
At home with...Sarah CorbettWinder
The stylist is creating a playful escape for her family
How a cancelled cult designer rose again
The rise, fall and rise of Art School's Eden Loweth
The bill wasn't the only hard thing to swallow
Let's get to it: the bill was a horror. £309 for two. For a night of fried chicken and snails and no pudding. For God's sake.
Is there anyone left in London who hasn't got ADHD?
We're reaching a saturation point of over-diagnosis and the internet is to blame, say psychiatrists
Sophistication andwitare in short supplyin this tired sequel
To paraphrase her own mode of self-criticism, this latest instalment in the saga of hapless London singleton Bridget Jones is v v poor.
facing Oh, baby! London's the mother of all problems
We're having fewer and fewer children. Why, and what does it mean for our city?
