New research by the Institute for Turnaround (IFT) finds that more than 185,231 companies remain in financial distress, despite insolvencies falling year-on-year, as turnaround professionals anticipate growing demand for support.
The East Midlands recorded the largest rise in distressed companies from Q2 2025 to Q2 2026, up 22% and much higher than the other regions. East Anglia recorded a 21% decrease in distressed companies. Regions including Wales, London, Northern Ireland and Yorkshire showed small increases, whilst Scotland, the South West, North East and North West saw smal decreases in the number of distressed companies.
Distress increased most in public administration, defence, and social security1 by 11%,…