the scout, on the record
Daily 23 October 2026

What moved on the register

Construction and civil engineering are disproportionately represented (1.4x–1.8x) in yesterday's credit-leaning re-ratings, suggesting elevated borrowing appetite in capital-intensive trades. The data spans a single day and should not be treated as an established trend.

LinkedIn X

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

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