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The Independent UK
The Independent UK
Business
Henry Saker-Clark

UK profit warnings soar to two year high ahead of autumn Budget

The number of profit warnings issued by UK-listed businesses reached a near two-year high in the recent quarter, according to newly published figures.

Research from advisory firm EY indicates that domestic companies have come under pressure from growing costs and weak consumer confidence ahead of the initial Budget since Andy Burnham’s appointment as prime minister.

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