18:30
Hosted by Amy Walker of Macfarlanes and Ali White of PwC
We are excited to invite you to a social networking event with a twist. Join us for a fun evening of roulette, blackjack and poker. No prior knowledge of the games is required and each player will receive chips which they can use on the tables. The player that accumulates the most chips by the end of the evening will be crowned the winner!
Macfarlanes, 20 Cursitor Street, London EC4A 1LT
08:30 – 09:15
In this session, Michael Houston and Matt Grainger of Teneo will be discussing the new National Security & Investment Act (NS&I) which came into force in 2022. NS&I provides the Government with enhanced scrutiny and intervention powers on matters relating to foreign direct investment in the UK. This can have a big impact on turnaround scenarios where change of control is being considered. Matt will be discussing the legislation more broadly, having spent time within Government as the Principal Private Secretary to (then) Trade Secretary Liz Truss, during which time he helped in the development of NS&I. Michael will then present a case study where NS&I approval was critical to the turnaround of the business.
Hosted by Khalil Malik of Teneo and Lizzy Wood of Shoosmiths
We are delighted to invite you to the first North East Breakfast Networking event. As well as having the opportunity to network with professionals within the North East and Yorkshire Turnaround Market, you’ll hear from Lizzy Wood (IFT North East Committee) and Khalil Malik (Co-Lead IFT Next) on upcoming events in 2023.
Shoosmiths Leeds – Platform, New Station St, Leeds LS1 4JB
The directors of businesses large and small, having risen to the manifold challenges of the COVID-19 pandemic and associated lockdowns might have expected a period of calm to recover and rebuild. Instead, a cost-of-living crisis is hitting consumers, whilst a cost of doing business crisis is combining with pre-existing stresses to put a great deal of pressure on UK plc.
In a new report, Supporting productivity, transformation and business rescue in a post-pandemic world, we highlight the huge contribution IFT members make and the value they create for society and the economy.
We estimate that in 2022, IFT members and partners saved 81,800 jobs as initiatives to fix finances and revamp growth strategies bore fruit. Members also helped UK companies deliver more than £3.6bn of shareholder value.
Alongside this data, the report analyses the key stresses for businesses and showcases case studies for successful turnarounds, demonstrating the skill of members and partners, and the impact for business and people.
Despite the distinct benefits turnaround can bring, many companies remain reluctant to appoint a turnaround adviser until cash flow pressures are extreme, which can limit the range of restructuring option available.
This report seeks to underline the importance of early engagement with accredited turnaround professionals to UK plc in what is expected to be a particularly challenging period.
To download a copy of the report, please click HERE.
08:00 – 09:00
We will be joined by a panel of industry experts who will discuss the current state of the retail market and reflect on the Christmas period in anticipation of festive trading results landing.
With Rebecca Leeser at Teneo, Lee Causer at BDO, Lizzy Wood at Shoosmiths and Gavin George at Alteri Investors.
