The Office for Budget Responsibility recently published its assessment of the likely impact of Covid-19 on the UK economy.
While a sharp downturn and contraction in GDP appears inevitable in the short term, an almost equally sharp “bounce-back” is forecast once businesses are able to get back to work at full tilt. Nonetheless, merely surviving this downturn, and its immediate aftermath, will prove a huge challenge for businesses across a wide range of sectors. Sam Martin, explains that four key areas businesses should be focusing on in the short-term to ensure their durability include cash flow, raising finance, restructuring and, potentially, planning for a sale. Click here to read the full piece in Business Matters.