'Bad is good'published at 06:02
BBC Radio 5 live
Private equity firm Endless specialises in helping to turn around struggling businesses. And business has been pretty good lately.
Matthew Deering, a partner at the firm, has been on Wake up to Money. "There's definitely been an uptick at the distressed end," he says. In other words, more firms are getting in to trouble.
He says that net importers have been particularly vulnerable due to the fall in the value of sterling. The food and drink, and packaging sectors, are suffering, he says. "Currency impacts are difficult to plan for, and that is what catches many businesses out."
There's a saying in his industry: "Bad is good".