Insolvency expert Stuart Evans talks to Accountancy Today as Government insolvency data comes to light
Government insolvency data, released this July, showed a 50% decline in company insolvencies in June 2020 when compared to June 2019. Stuart Evans considers whether insolvencies are expected to remain low in the face of Covid-19 disruption, and what type of insolvency work is on the rise.
“The last thing the government wants to see right now is a spike in insolvencies, before we are back to anywhere near the new normal. Companies that would have likely folded despite the pandemic have likely been propped up by various government support schemes in response to the pandemic.”
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