Giving his thoughts to AccountancyAge this week, our Director of Asset Recovery, Ben Harwood, discussed the additional time that’s been given to struggling firms facing insolvency.
“If a business was already experiencing difficulties these new measures have meant that they’ve actually been given a lifeline for a few months. But in reality, what’s going to happen is those businesses are just about to fall over got a little bit further down the line instead, if they were struggling before, what this has done is delayed their issues…”