Half a Million UK firms in ‘significant distress’

Almost half a millions Businesses in the UK are in significant financial distress according to new research published by Insolvency firm Begbies Traynor.
The red flag data produced by the Insolvency giants reveals that around 484,000 businesses as consumer facing sectors continue to falter and this figure accounts for 14% of all active UK Companies.
Property, Tourism and Leisure sectors are said to be the main sectors under threat and the research found that the average insolvent company debt ha