U.K. Firms at Risk of Collapse Surge as Covid Help Ends
- Nearly 1,900 firms in critical financial distress: Begbies
- County Court Judgements in first quarter up 157% year-on-year
Many U.K. businesses were badly hit by the coronavirus and the resultant lockdowns.
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The number of U.K. businesses at risk of collapse has shot up this year, as the government’s Covid-support programs are rolled back and firms face rising prices.