Profit warnings from Yorkshire's listed companies have halved in Q3 2024 compared to last year, according to EY-Parthenon's Profit Warnings report.

Five warnings were recorded in the region during the period, which is down from ten in the same period last year.

The region also saw its lowest Q3 profit warnings total since 2021.

Nationally, in contrast, a total of 84 profit warnings were issued across the UK in Q3, which represents an 11 per cent year-on-year increase - and the highest quarterly total in two years, according to an EY spokesperson.

Tim Vance, EY-Parthenon UK&I turnaround and restructuring partner in Yorkshire, said: "After an encouraging first half of 2024, listed companies in Yorkshire continued to display impressive resilience in the third quarter, with profit warnings down substantially year-on-year."

The FTSE sector with the highest number of profit warnings recorded UK-wide in Q3 was Industrial Support Services, with ten warnings.