Real estate stands out this period: it took 1.7x its share of re-ratings among companies leaning toward credit, with 116 companies pulling secured-borrowing appetite ahead of sale interest — alongside Accommodation, which showed the strongest lift overall on both sides (2.0–2.1x) but on a much thinner base. Exit-leaning re-ratings skewed to Motor trade and Yorkshire & North East, though today's re-ratings are running well ahead of yesterday's (4,463 vs 3,395) and are concentrated on a single day, so this reads as an early snapshot rather than a settled trend. Worth flagging without over-reading: 345 companies moved on both sale and credit signals at once — churn to watch, not a market split.
Anonymised by design: cohorts and counts only, never a named company.
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