The insolvency reality during the crisis There is a common view that insolvency practitioners must have been rushed off their feet during the crisis, as businesses across the economy have been savaged by lockdowns and restrictions. The reality could not be more different. Government support measures have not just kept viable enterprises afloat, but they have also suppressed business failures
In the natural world, only erosion can move a cliff edge. In the distorted, dystopian UK realm of Coronavirus economics, the cliff edge is financial and it shifts at the whim of the government, leaving a trail of confusion and uncertainty behind it for businesses. The wide variety of business support schemes It has been difficult to keep track of
As the government rolls out its mass vaccination programme as a last resort solution to the Covid crisis, there may finally be hope of some sort of normality at some point in 2021, though whether that moment comes in spring, mid-summer or the autumn remains to be seen. But whenever the economy begins to climb out of its recessionary hole,
As we approach the first anniversary of the start of the Coronavirus crisis, few businesses have been left unmarked by the most extraordinary twelve months in living commercial memory. The degree to which they have been affected is determined by the industry in which they operate and their positioning within that sector. For most owners and managers, it has been
The Current Business Challenge The world is experiencing the biggest Global pandemic in living memory. Many aspects of business life as we knew it have been changed, possibly forever. Most business sectors have been adversely affected by the impact of the virus. The disruption to supply chains and the significant changes to buyer needs and behaviours are causing ongoing problems
Financial help for businesses The Coronavirus crisis has created the most difficult financial climate in living memory, maybe for best part of a century. Equally, never has there been so much help and support for entrepreneurs battling to keep their businesses afloat. The government has laid a protective cloak of loans, payment deferrals and legislation over our commercial Pandemic puddle,
