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“Feel Good” Factor Returns as Critical Business Distress Falls for Three Straight Quarters

Written by: Keith Tully

Reviewed: Sunday 26th January, 2014

“Feel Good” Factor Returns as Critical Business Distress Falls for Three Straight Quarters

According to the latest Begbies Traynor Red Flag Alert for Q4 2013, which monitors the financial health of “Corporate UK”, levels of ‘Critical’ financial distress among UK businesses continued to recover during the final quarter of 2013, as improving business confidence drove strong growth across the UK’s core services sectors and encouraged growing numbers of entrepreneurs to incorporate new businesses during the past year.

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Keith Tully

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Keith has been involved in Business Rescue since 1992, during which time he’s worked for both independent and national firms. His specialties include company restructuring matters and negotiating with HMRC on his clients behalf.

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