The Covid pandemic has altered much of the UK’s – and the world’s – business environment out of all previous recognition. But one pre-pandemic phenomenon, that of the so-called ‘zombie’ business, has been brought into sharp focus, amidstfearsthat the conditions created by the Government’s response to the economic crisis has greatly increased the number of them.
This post looks at some of the economic damage that the COVID-19 pandemic has caused in the UK, following the news that monthly GDP for April 2020 was at a level last seen in the summer of 2002...
The second full month of the lockdown saw the Corporate Insolvency and Governance Bill introduced to Parliament, the first monthly publication of the corporate and personal insolvency statistics, and continued media interest in the profession, its processes and how it has responded to the pandemic.
The first full calendar month operating under lockdown has been a busy one for R3’s Press, Policy and Public Affairs team, as we adjusted to new patterns of working, handled a variety of media enquiries, and engaged with politicians on issues of interest to the profession.