Increase in firms on edge easing

ALMOST 200,000 British companies are in serious financial trouble, according to the Red Flag Alert report issued by Begbies Traynor.<br /><br />The business rescue specialist said that while the number of companies in trouble has slowed in the last two quarters, it has risen 43 per cent from a year ago.<br /><br />The report, which gives figures for 2009&rsquo;s second quarter, says sectors like recruitment, engineering and manufacturing are facing more problems, while construction and professional services are seeing fewer difficulties.