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Birmingham Post

Business

Laura Watson

Supply chain issues and rising costs continue to pose challenges for listed firms in the West Midlands- report

West Midlands Midlands EY

The number of profit warnings issued by listed firms in the West Midlands dropped by almost 80 per cent in 2021, according to new research.

EY-Parthenon's latest Profit Warnings report found that eight profit warnings were issued in the region in 2021 - down 79 per cent from 38 in 2020.

But experts at the financial services firm believe that businesses in the region will continue to face uncertainty in 2022 because of ongoing supply chain issues and potential skills shortages.

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