25 May 2021
Many companies across the UK are emerging from lockdown with a sense of cautious optimism. While the majority expect top-line revenues to return to pre-pandemic rates within the next two years, more than half also expect to encounter a liquidity shortfall in the next 12 months.
The last year has understandably seen a spike in restructuring and insolvency procedures across UK markets. Firms across all industries have struggled to maintain liquidity amid the coronavirus pandemic, and its deep recession with consumer-facing businesses relying on bricks-and-mortar presences and the manufacturing and construction sectors having been especially hard hit.
Now, however, aPwC survey of 400 major businesses …
Read the full article at: https://www.consultancy.uk/news/28012/four-in-10-firms-considering-restructuring-over-next-12-months