INVESTORS

looking for stability in their portfolios: look away now. Research from EY shows a spike in profit warnings from listed companies at the end of 2021, with many citing rising costs and supply chain issues.

Online retailers Boohoo and AO World were among those issuing profit alerts. Still, the total for 2021 was 203 profit warnings, down from a record-breaking 583 in the Covid chaos of 2020. Progress.