UK Businesses Seek Budget Relief as Profit Warnings Surge

• Almost 17% of listed companies in the UK have issued at least one profit warning over the past year.
• Businesses are requesting rates help for small companies, banks, and cheaper energy in the upcoming Budget.
• The increase in profit warnings is occurring ahead of the autumn Budget.
• The financial sector is particularly seeking relief in the form of rates help and cheaper energy.
• The Budget is expected to address the concerns raised by the rising number of profit warnings.