Ian Pollard – Significantly Distressed London Companies Surge 17%

Begbies Traynor BEG has published its Red Flag Alert for the second quarter of 2018, showing that 472,183 businesses were experiencing ‘Significant’ financial distress: at the end of June 2018, up 9% compared to last year. However the rate of increase is declining and has fallen 1% compared to the first quarter. The south of […]

Pearson Abandons Profit Goal After Unprecedented Collapse in North America

Pearson PSON failed to stop the rot as its year end approached and Quarter 4 produced further unprecedented decline in its North American higher education business. Net revenue fell by 30% leading to an annual decline of 18% for the full year, again an unprecedented collapse. Despite this profits for 2016 are still expected to […]