Corporate Distress Firms Increase By One Third
A report from restructuring firm Begbis Trainer indicates the number of companies facing critical distress has increased by more than one third over the last year. Managing partner Julie Palmer described critical distress as a precursor to a higher likelihood of insolvency.
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Sources · 7 independent
BBC Radio 4
“the report suggests that the number of firms facing what they call critical distress has increased by more than a third in the last year.”
BBC Radio 4
“in this survey is all 22 sectors that we analyse have shown this sort of spike in terms of critical distress year on year.”
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