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Breaking it down six different ways

Research finds practice is ‘ineffective’ but body leaves door open in future standard-setting

Many companies that gorged on leverage loans are now grappling with liquidity challenges

Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest rates

Elevated borrowing costs take their toll, with 29 companies having defaulted this year

Also in today’s newsletter, brighter weather ahead for offshore wind and a closer look at ESG bond funds

Many are relieved to see extremes neutralised, but political gridlock and rise of the left sparks concern

Government’s collapse over budget deepens uncertainty for business

FTX’s Sam Bankman-Fried and Co-operative Bank’s Paul Flowers go on trial and UK conference season continues

German companies have become relatively small and relatively cheap