the scout, on the record
Daily 20 September 2026

What moved on the register

Model re-rated 614 companies today—a tenth of yesterday's volume, so treat this as an early read rather than a trend. The one figure worth flagging: North West businesses are punching 1.7x their share of today's credit-leaning re-ratings, with Retail also over-represented there at 1.5x, though both rest on single-digit counts. The exit-leaning side showed no notable sector concentration, spread thinly across the Midlands and South.

LinkedIn X

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

← the full journal