Britain has the highest proportion of "fragile firms" among major European economies, with 15% of SMEs at risk of defaulting on debts, according to Allianz Trade.
Britain has the highest proportion of "fragile firms" among major European economies, with 15% of small and medium-sized enterprises at risk of defaulting on debts over the next four years, according to Allianz Trade. This follows the UK's recession at the end of last year and analysts predicting economic stagnation. PM Rishi Sunak is under pressure to boost growth and achieve economic goals for tax cuts.
February 28, 2024
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