The figures from EY-Parthenon show UK listed firms made 59 profit alerts in total across the second quarter, up from 55 in the previous three months.

The figures from EY-Parthenon show UK listed firms made 59 profit alerts in total across the second quarter, up from 55 in the previous three months.

The rising energy costs and fragile consumer confidence caused by the Iran war have driven a jump in profit warnings among London-listed firms.