Half U.K. Firms Foresee Struggles With Debt, PwC Survey Finds
- A majority of businesses expect to recover in two years: PwC
- 62% of respondents have experienced supply chain disruptions
Photographer: Jason Alden/Bloomberg
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Over half of U.K. businesses expect to face a cash crunch within a year with recovering earnings failing to keep pace with the weight of debts on balance sheets, according to a survey by consultancy firm PwC.
The poll of 400 British executives found 55% anticipating a liquidity shortfall in the next 12 months with a similar number reporting they’d struggled to service debt payments within the past year.