The latest data from the Red Flag Warning for Q1 2020 showed that there were large numbers of UK companies suffering serious financial hardship by the end of March 2020, with the total figure now for the first time approaching half a million.
Recent research by Begbies Traynor Group, the UK's leading independent insolvency and consultancy company, shows the biggest quarterly rise in the number of firms in significant financial distress since the end of 2017 to 509,000-the highest number reported by this report.
infographic by: www.realbusinessrescue.co.uk
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