Re-ratings jumped to 5,071 from 1,259, but 95% landed in a single day, so treat this as an early snapshot rather than a trend. The firmest signal on the exit side is civil engineering leaning toward credit at 1.8x its share of this period's re-ratings, alongside employment & recruitment at 1.7x — both worth watching but still on modest counts (7 and 12 respectively). On the sale-likelihood side, wholesale and head office & management consultancy both cluster around 1.4-1.6x, with Northern Ireland the only region showing any concentration; nothing else in the figures stands out as more than diffuse movement.
Anonymised by design: cohorts and counts only, never a named company.
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