Defeating zombification of the UK economy is an urgent challenge

Posted On: 25th February 2021
Defeating zombification of the UK economy is an urgent challenge

The origin causes of ‘zombie’ firms will maintain pressure on banks, and the government, to exercise a greater fiduciary duty in managing distressed SMEs and corporates. This will skew banks’ preferred strategy towards corporate turnarounds, rather than insolvencies, in the management of defaulted loans.

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Posted By: BTG Global Advisory

Posted On: 25th February 2021

BTG Global Advisory is one of the world’s largest specialist independent financial advisory alliances.