Accommodation businesses stood out on the credit side today, taking 2.3 times their usual share of credit-leaning re-ratings — a real cluster (14 companies), though still a modest base. On the exit side, IT & software services led (1.5x, 25 companies), while Northern Ireland punched above its weight in both directions at once (2.0x on exit, 1.3x on credit) — a regional tilt worth flagging rather than a single-sector story. Nearly all of today's movement fell within one day, so treat this as an early snapshot: electronics manufacturing posted the sharpest credit lift (2.6x) but on only six companies, too thin to call yet.
Anonymised by design: cohorts and counts only, never a named company.
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