(Sharecast News) - Nearly 50,000 business across the UK are currently in "critical financial distress" as the volatile macreconomic backdrop continues to pile pressure on the private sector, according to a survey out on Monday from corporate recovery specialists Begbies Traynor.

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(Sharecast News) - The US President announced that imports from the EU and Mexico would both be taxed at 30% commencing on 1 August. The announcement was a surprise for both Brussels and the US trade representative, Jamieson Greer, as both believed that they had reached a deal that would be acceptable to both sides. EU trade ministers' previously scheduled Monday meeting will now see them come under pressure to show a "tough" reaction. - Guardian

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(Sharecast News) - Begbies Traynor posted a 10th consecutive year of growth on Tuesday, with full-year revenue and profits ahead of market expectations and a new share buyback programme aimed at offsetting future share option dilution.

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