Signs of UK business growth have fallen to 2013 levels, says R3

Signs of UK business growth have fallen to 2013 levels, says R3
Around 57% of businesses reported a sign of business growth in March, compared to 69% in a previous survey in December 2015, new research from insolvency trade body R3 shows. R3 says the figures show that UK business growth has fallen back to 2013 levels, and are the first signs of businesses’ performance flattening out. However, it says, signs of business distress are still relatively low.
The figures are from R3’s latest Business Distress Index, a long-running survey of 500 UK businesses. Since October 2013, the survey has shown at least 65% of businesses reporting at least one sign of growth. The 12-point fall in levels of business growth is the largest recorded in four years.R3 suggests the reasons for the fall inclu

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About the author:
Eleanor qualified in 1998 into the insolvency team at ASB law. She became a partner in 2005, and went on to head up the Recovery & Insolvency team. Whilst traditionally specialising mainly in contentious corporate insolvency matters, in recent years she has moved into the non contentious arena, in particular specialising in company administrations.