In the first of our short videos in relation to business recovery and resilience, John Alderton (Partner in our Restructuring & Insolvency team), responds to the question:
‘There hasn’t been a wave of insolvencies, is business stress still there or are we through the worst of it?’
Please click here to listen to John’s answer.
Background
We recently hosted a webinar with a panel of specialists to explore whether UK businesses are bouncing back following the economic challenges of 2021. The panel shared their expert advice on topics including improving resilience against economic volatility and tackling supply chain problems; whether businesses can depend on HMRC’s support as they try to recover; and how to manage directors’ duties in a challenging economic environment. UK Finance also provided insight on how lenders are supporting businesses in repaying COVID-19 debt.