Businesses who are planning on accessing financial support from the government until next spring should be plotting a long-term survival plan now, according to one of the UK’s top insolvency professionals. Chancellor Rishi Sunak recently announced an extension of the initial furlough scheme – which was due to end on 31 October – until March …
The fall in company insolvencies compared to the last quarter is likely to continue as a result of the extension of financial support by government – however it’s just a matter of time until the figures start to rise. This is according to Gareth Ransley, Associate Director at CVR Global, who was reacting to the …