Tag Archives: Begbies Traynor

Brexit not an issue, but NLW causing “distress”

The National Living Wage has pushed the number of businesses in “financial distress” up by 23%, according to research by Begbies Traynor. As of October 1st, there were 97,342 firms struggling, up from 78,917 six months ago. Almost a third (33,835) were retailers, but significant numbers of bars and restaurants (10,809), food and drink retailers…
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