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Business Live with Ian King: Nearly one in five UK companies issue profit warning in last year

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Join Ian King as he tackles the biggest business and economic stories, including a big jump in company profit warnings last year - more than in 2008 at the peak of the global financial crisis.

That's the finding in a report published today by EY-Parthenon, the consultancy service.

On a more positive note, it found that profits warnings in the first three months of this year were down 7% on the same period last year

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