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Evening Standard
Evening Standard
Business
Anna Wise

Record proportion of profit warnings sparked by policy and global upheaval – EY

More than a quarter of firms cited regulatory and policy changes (Alamy/PA) -

UK-listed firms issuing profit warnings have blamed policy changes and geopolitical uncertainty more than ever before, as they grappled with tariffs, tax hikes and fragile consumer spending, new analysis shows.

The worries were cited as a leading factor for 42% of UK-based businesses cutting their outlook for annual profits last year, according to EY-Parthenon’s latest report.

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