The new Government is doing its tax and spend thing and Mr Trump will be back in the White House in 2025, which all suggests that it could be an interesting year for our profession. To conclude this year of elections, we look at Government-related issues.

Dan Hurd of EY interviews Natasha Rouse of Equitix about the practical challenges involved in restructuring public private sector contracts and Bryn Tucker at EY looks at restructuring opportunities in PFI projects.

Kartik Sharma looks at an attempt to launch a restructuring plan in respect of a PFI SPV, which was thwarted by an application for security for costs.

With restructuring plans continuing to be the preserve of large-value assignments, the mid market go-to remains the pre-pack administration. Following our coverage in the last edition on evaluators, Johnny Abraham makes the case for expanding the evaluator’s role.

One of the more controversial elements in the budget was VAT on private school fees and whether this will increase failures in the sector. Punnit Vyas at Teneo gives us his views on the position of the schools and insolvency practitioners appointed over them.

I would not say that they are anywhere close to a go-to tool for the profession as a whole, but restructuring plans continue to keep the courts busy. Julie Grieg and Sophia Harrison of Burness Paull review the sanctioning of the Cineworld RP and the latest compromise of landlord claims.

Tal Goldsmith at Stephenson Harwood, Kirsty McMahon at BDO and Enda Lowry at Teneo look at UK/Irish cross-border restructurings.

David Rankin at Creditfix looks at the current state of play on IVAs, and Simon Howell at Tarmac gives a credit manager’s perspective on construction supplier-customer relationships where there is business distress.

Alex Jay and Aaron Le Marquer at Stewarts urge IPs to review business interruption insurance policies in light of recent decisions.

This edition’s survey looks at litigation funding and we hear from R3 colleagues on suggested administration extension reform, networking, their new bursary scheme and its leadership development program.

I am writing this column in mid-November, but you will read this in December, so I think it is just about appropriate to wish you and your families a Merry Christmas and a prosperous New Year.