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Scottish Businesses in Critical Distress | Glasgow News
Description
Scottish businesses are in deep trouble as a new report reveals a 21% surge in companies facing “critical distress” — the worst jump in the UK — with nearly 3,000 firms now teetering on the brink. Financial services, wholesale, and media took the hardest hits, while energy costs, wages, and raw materials are squeezing every sector. Experts warn unless cash flow issues are addressed, tougher times lie ahead — even as early-stage distress ticks up slightly, key industries like printing, real estate, and tourism show alarming spikes. Survival demands tough decisions from management in the coming months.
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