Business Health Statistics

Financial distress edges up as economy prepares for uncertain year ahead

New research from Begbies Traynor, the UK’s leading independent business recovery practice, shows that more than 275,000 companies were showing signs of “significant” financial distress at the close of 2016, representing the thirteenth consecutive quarter that corporate stress has risen on a year on year basis.

Brexit uncertainty puts the brake on London businesses

New research reveals that British businesses from Land's End to John o' Groats have shown surprising resilience since the EU Referendum result was announced, with levels of financial distress falling across every region of the UK over the past three months.

UK businesses remain resilient in the face of Brexit

UK businesses across nearly every sector of the economy were showing positive signs of stability following the EU Referendum, new research from Begbies Traynor, the UK’s leading independent insolvency firm, reveals.

Research shows British businesses are in a strong position to face Brexit challenges, but expect at least six months of turmoil ahead

UK businesses across every sector of the economy were showing positive signs of stability in the run up to the EU Referendum, new research from Begbies Traynor, the UK’s leading independent insolvency firm, reveals. However after the severe market turmoil that immediately followed the Brexit decision, experts warn that it could be at least another six months before we see a ‘new normal’ in the UK economy.

UK pubs and bars in desperate need of a boost this summer

The introduction of the National Living Wage, unseasonable weather, England’s early exit from the Euros and the recent Brexit decision have all added significant pressure to the UK’s pubs and bars this summer, reveals new data from Begbies Traynor, the UK’s leading independent insolvency firm.

Thousands of UK businesses struggling to absorb cost of National Living Wage

New data from Begbies Traynor, the UK’s leading independent insolvency firm, reveals that nearly 60,000 UK companies that were forced to implement the National Living Wage on 1 April were already in a dire financial state before the scheme was even introduced, suggesting that the UK could see a spate of business failures in 2016 as these companies struggle to absorb the higher staff costs associated with this new regulation.

Brexit could spell disaster for struggling UK exporters and financial services firms despite boost from weak Pound

c.21,000 UK manufacturers which rely heavily on exports could be tipped over the edge in a Brexit scenario

98% of Scottish football clubs ‘match fit’ despite growing North South divide in British football

Football ‘fitter than ever before’ - club distress rates plummet to record lows

Football ‘fitter than ever before’ - club distress rates plummet to record lows

UK business end year in a challenging financial state as a difficult 2016 looms

New data reveals that UK companies are bracing themselves for a difficult 2016, after finishing 2015 in a challenging financial state, warns Begbies Traynor, the UK’s leading independent insolvency firm.

Desperate UK Retailers running out of time to rescue Christmas sales slump

In the final days before Christmas, UK retailers are pinning all their hopes on a last minute sales surge from desperate shoppers who have left it too late for online deliveries, after another challenging festive trading period for the British high street, warns Begbies Traynor, the UK’s leading independent insolvency firm.

UK bars & restaurants boosted by late British summer

The unseasonably warm September, combined with greater disposable income resulting from a low inflationary economy, as well as the positive impact of the Rugby World Cup provided a much needed boost to the fortunes of the UK’s bars and restaurants sector during the final weeks of the third quarter, reveals new data from business recovery specialists Begbies Traynor.

UK grocery industry fights back, with first signs of sector recovery

As the UK’s supermarket price war rages on, with Tesco and Sainsbury’s recently reporting further price cuts to stem the flow of falling sales, new research from business recovery specialists Begbies Traynor indicates that stability may finally be returning to the struggling UK grocery sector, as the industry shows the first tentative signs that it has adjusted to today’s new low margin environment.

UK food supply chain on the brink as supermarkets tighten belts still further

As the UK’s largest supermarkets up their game in the race to win back customers from the German discounters, their means of slashing prices and delaying payments to suppliers means that the food retail industry has never been tougher for the UK’s smallest food suppliers, independent grocers and farmers, warns business recovery specialists Begbies Traynor.

UK Construction SMEs in hot water as funding crisis reaches boiling point

Despite favourable market conditions for the construction sector, the number of Construction SMEs suffering ‘Significant’ financial distress continues to rise as traditional lenders tighten their purse strings, cutting more firms off from vital funding, warns business recovery specialists Begbies Traynor.

Supermarkets Price War Continues To Devastate Food Suppliers

While most of the UK’s largest supermarkets are embarking on turnaround strategies in an attempt to claw their way back to financial health, their means of slashing prices and delaying payments is grinding many food suppliers and smaller high street grocers to the ground, warns business recovery specialists Begbies Traynor.