Sharpest signal today is the credit lean: Scientific R&D (1.7x), motor trade and food & beverage service (1.5x each) and telecoms (1.5x) all took an outsized share of firms newly leaning toward secured borrowing, with Northern Ireland the one regional pocket standing out (1.4x) — early snapshot, but a clean cluster. Exit-leaning re-ratings tilted toward film & media and legal & accounting, though on smaller counts, and IT services added a steady 38 to that pile; both directions are down on yesterday's volume, so treat today as a first read, not a trend. Sector laggard and debtor-heavy were the standout new pattern matches, worth a closer look under the hood.
Anonymised by design: cohorts and counts only, never a named company.
← the full journal