Number of UK businesses in financial distress ‘at two-decade high’

Number of UK businesses in financial distress ‘at two-decade high’

As he puts the finishing touches to tomorrow’s budget, John Healey may note that another bank has reported a jump in earnings. HSBC is handing $2.7bn (£2bn) to shareholders after a 32% surge in profits, that will further assure the Treasury that the UK’s top banks can shoulder a tax hike in the budget, my colleague Kalyeena Makortoff reports .

Source: The Guardian

Indexed: Tue, 27 Oct 2026 09:48:16 UTC

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