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UK profit warnings rise by 50%

The number of profit warnings from UK-listed companies rose 50% in 2022.

A total of 305 issued warnings, as a combination of rising costs and falling consumer confidence hit British business.

During the year, close to 18% of the UK’s 1,193 listed businesses issued a profit warning, according to analysis by EY Parthenon, equal to the figure during the global financial crisis.

The FT (£)

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