the scout, on the record
Daily 21 August 2026

What moved on the register

Northern Ireland's showing 1.5x its share of today's credit-leaning re-ratings, alongside a broader real estate and construction skew across the credit book — worth flagging early, though 95% of today's movement landed in a single day, so this is a first read, not a trend. On the exit side, publishing and business support services are the standout over-representations, again on modest counts. Full sector and company-level detail is in the underlying feed for subscribers who want to dig further.

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Anonymised by design: cohorts and counts only, never a named company.

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