British firms issued 313 profit warnings in 2019, with consumer discretionary businesses--including retail and travel and leisure--, industrial support services, software services and construction and materials hit the hardest.
LONDON: Changing consumption habits caused by new technology contributed to more British companies warning they were falling short of profit forecasts last year than at any time since 2015, according to a report by consultants EY.
British firms issued 313 profit warnings in 2019, with consumer discretionary businesses--including retail and travel and leisure--, industrial support services, software services and construction and materials hit the hardest.
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