This is a UK news story, published by BBC.
For more UK news, you can click here:
more UK newsFor more United kingdom business & economics news, you can click here:
more United kingdom business & economics newsFor more news from BBC, you can click here:
more news from BBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about United kingdom business & economics, you might also like this article about
many distressed UK businesses. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest financial distress news, significant financial distress news, news about United kingdom business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
critical financial distressBBC
•
74% Informative
Record jump in number of UK businesses in critical financial distress, says insolvency experts.
Businesses in the most distress include those in hospitality, leisure and retail.
A company can be considered to be in financial distress if it has an outstanding county court judgement of more than 5,000 or face a winding-up petition.
Comes at the same time as a drop in consumer confidence, with more people concerned over UK 's financial prospects.
VR Score
84
Informative language
88
Neutral language
71
Article tone
informal
Language
English
Language complexity
56
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links