UK businesses in financial distress reach two-decade high

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UK businesses in financial distress reach two-decade high
The number of UK businesses in significant financial distress has reached its highest level in over two decades, with 738,144 firms struggling in the third quarter of this year. This increase has led to calls for more support for the private sector in the upcoming budget.
Why it matters: This highlights growing economic challenges for UK businesses and may influence government decisions on financial support.
Sources: The Guardian Business

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