UK profit warnings soar to two year high ahead of autumn Budget

UK profit warnings have surged to a two-year high ahead of the autumn Budget. According to the latest EY report, 65 UK-listed companies issued profit warnings during the three months ending in September. Overall, approximately 17 per cent of listed companies, nearly a fifth, have released at least one profit warning over the past twelve months. This increase represents the highest level of warnings seen since 2024, reflecting significant financial volatility across the UK corporate landscape.