UK business insolvency stress has remained significantly above its historical baseline for 17 consecutive weeks, according to FrictionIndex, the UK’s first weekly measure of corporate insolvency activity across 21 economic sectors. T
The index is currently elevated, with 12 of the main 18 tracked sectors showing above-normal stress levels despite an 8.4% decline over the past four weeks from its recent peak.
While the headline UK index is falling, seven sectors remain in critical territory, the most severe stress classification in the index. Manufacturing leads at 149.4, nearly 50% above its historical baseline, followed by Agriculture at 149.1, Construction at 137.3, and Financial Services at 132.1.
Among…