new lockdown comes into effect · 630,000 businesses now in significant distress
1 , a 13% increase from Q3 2020 to Q4 2020 (largest numerical quarterly increase since Q2 2017) · 27.5% year-on-year increase in significant distress
1 (136,000 businesses) since Q4 2019 · Financial distress increases across all 22 sectors monitored by this research · London experiences a 33% increase in significant financial distress since Q4 2019 The latest Red Flag Alert research for Q4 2020 has recorded 630,000 businesses in significant distress
1 after the largest numerical quarterly leap (73,000) in financially distressed companies since Q2 2017. This 13% increase (from 557,000 in Q3 2020) comes as the UK is plunged into another nationwide lockdown. This newly published research from Begbies Traynor also found that there has been a 27.5% increase in significantly distress