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Private equity hunts for FTSE bargains as corporate distress mounts

London-listed firm profit warnings spiral as buyout shops wait in the wings

Profit warnings from UK-listed companies are soaring as inflation and a shortage of workers take their toll.

The number of profit warnings issued by UK-listed companies in the first six months of 2022 jumped 66% compared to the same period in 2021, with a record number of companies citing rising costs as the reason behind their warning, according to EY-Parthenon’s latest Profit Warnings report.

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