UK business distress hits two-decade high of 738,144, BTG reports
BTG's red flag data shows 738,144 UK businesses in significant financial distress in Q3 2026, the highest since 2004, ahead of the chancellor's first budget.
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The Guardian reports that BTG's red flag data recorded 738,144 UK businesses in significant financial distress in Q3 2026, the highest level since the series began in 2004 and up 1.6% year-on-year, with support services, construction, real estate and hospitality among the most exposed ahead of the chancellor's first budget.
UK business distress hits two-decade high of 738,144, BTG reports ↗BTG's red flag data shows 738,144 UK businesses in significant financial distress in Q3 2026, the highest since 2004, ahead of the chancellor's first budget.
BBC News reports Chancellor John Healey will deliver the Budget on Wednesday, balancing market credibility on borrowing against backbench calls for cost-of-living help.
Chancellor John Healey will use Wednesday's budget to commit hundreds of millions to AI, including security, chip design and biosecurity, The Guardian reports.