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Stopping the finance function from floundering

The Pandemic is disrupting every aspect of businesses, but probably none quite as fundamentally as the lives of those in the accounts department. These places are havens of routine; they keep score and churn out an orderly stream of budgets, forecasts, management information and annual accounts. They speak the universal business language: numbers. This crisis has pulled the rug of

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Effective communication has never been so important

As the Pandemic tears into businesses, slashing revenues and highlighting those fixed costs that just will not go away, the temptation for business owners and directors is to hunker down and turn inwards to find a route to survival, while maintaining a stoical silence. Counter-intuitively, there will never be a time when shouting from the rooftops about your problems and

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Leadership in a crisis: Being calm and realistic

With the pandemic’s commercial impact worsening day by day and uncertainty reaching ever new heights, businesses and their management are facing much more than just a three month blip. Instead, the disruption may stretch into 2021 for some of the worst hit sectors. Government guidance is proving an unreliable framework and the media is full of rumour and false information.

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Toolkit: Getting through the COVID-19 business crisis

A ten point plan for navigating turbulent commercial waters not just to survive, but to thrive As the sheer scale of the economic havoc being caused by Covid-19 becomes clear, we now know for certain that all businesses need to prepare for the most extreme of disruptions the world has known for over a hundred years. This is like no change

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Will Coronavirus help or hinder cross-border insolvency?

International co-operation in the coronavirus crisis Globalisation has been with us for decades, bringing new and troubling dimensions to even relatively small insolvency cases and for the insolvency practitioners handling them. Suddenly, they were dealing with UK businesses with assets abroad and all manner of creditors and stakeholders in wild and wonderful places, all with no status or powers in

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SECTOR SERIES: Higher Education Sector Survival

International Uncertainty for the UK’s Universities The UK’s higher education sector has long been a magnet for ambitious students from all over the world. A degree from a British university is career gold, reflecting our high educational standards. Our cherished freedom of expression is a significant factor for some overseas students. So successful have we been at attracting foreign students,

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