Business · 2 hours ago
Profit Warnings From UK-Listed Firms Hit Two-Year High
Kaihsu Tai via Wikimedia Commons (CC-BY-SA-3.0,2.5,2.0,1.0)
Profit warnings from companies listed on the London stock market have reached their highest level in two years, according to consultancy EY-Parthenon. It counted 65 warnings in the three months to September. The Middle East war is driving up costs, including fuel and energy bills. Housebuilders have issued more warnings this year than during the 2008 financial crisis. Business leaders want help before October's budget.
Reported by The Guardian · How we write briefs