Profit warnings from UK-listed firms hit two-year high as Iran war raises costs
UK-listed companies issued 65 profit warnings in the three months to September, the highest quarterly total in two years. EY-Parthenon said policy change, geopolitical uncertainty and rising costs were key factors as the war in the Middle East added pressure on businesses.
- UK-listed companies issued 65 profit warnings in the third quarter, the highest total in two years.
- Almost 17% of UK-listed companies have issued a warning in the past 12 months.