Insights and reports

The IFT Review of 2023

Written by Nicolette Stickland on December 19, 2023

As we approach the end of 2023, we are looking back on a productive year and would like to express our gratitude to our members, partners, and stakeholders for all their support and engagement in what has been a busy and eventful time in the turnaround space.

You can find our Review of 2023, including an update on The IFT’s plans for 2024 here.

Turnaround, the economy and people

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56K Jobs

Members of The IFT saved an estimated 56,000 jobs in 2023-24.

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£3.1 Billion

IFT members helped add £3.1 billion in shareholder value in 2023-24.

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80% busier/as busy

Over 80% of IFT members reported being busier or as busy 2023-24 compared to the previous year.

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62%

Over 60% of stressed companies don’t know they are in trouble until it is too late.

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