Number of U.K. Firms In Significant Financial Distress Jumps
PYMNTS
AUGUST 3, 2017
Researchers at the firm deploy the company’s proprietary algorithm to measure corporate financial distress, factoring in legal and financial data from an array of sources, it explained. percent increase in insolvencies in Q1 compared to Q4 2016, with more than 16 percent of those failed businesses falling in the construction sector.
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