Our panel of experts discuss to what extent COVID-19 will change the game for businesses in distress.
Our panel of experts discuss to what extent COVID-19 will change the game for businesses in distress.
The arrival of COVID-19 has provided a seismic shock for UK plc, threatening both distressed and healthy businesses with the prospect of going bust.
Unprecedented levels of government intervention, including job retention and business interruption loan schemes, have undoubtedly provided a lifeline to companies up and down the UK – but what can we expect when those schemes taper away?
In the latest episode of Uncharted: the road to recovery we welcome another panel of experts to assess the landscape for 2020 and onwards, and what new legislation like the Corporate Governance and Insolvency Act will mean for business leaders hoping to get firms back on their feet.
Joining our host Rebecca Burn-Callander (former enterprise editor at The Telegraph) on the podcast this week is Creative Entrepreneurs Founder and former Time Warner Managing Director Carolyn Dailey, alongside insolvency law expert Rob Turner (Brabners). FRP Partners Allan Kelly and Phil Reynolds also offer their insight into the shape of the market and the steps business owners should be taking now to protect their future.
Pre-packs have previously been susceptible to abuse but they are a useful tool in the new rescue culture and will save jobs in the coming months.