Irish firms are in a 'stronger position', as profit warnings rise in the UK

Profit warnings for UK-listed companies climbed 69% year-on-year in Q3 but Irish firms are likely to fare better

Profit warnings increased in the UK as the country struggles to battle rising costs, slowing demand and continued supply chain issues amid political turmoil. Stock picture

Irish businesses are in a better position to tackle economic headwinds compared to those in the UK, a consultancy firm has said.

Profit warnings increased in the UK as it struggles to battle rising costs, slowing demand, and continued supply-chain issues amid political turmoil.