Supporting productivity, transformation and business rescue in a post-pandemic world - The IFT

Supporting productivity, transformation and business rescue in a post-pandemic world

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.

 

 

 

Related News

VIEW ALL

In the latest special Awards edition of Swift, The IFT’s quarterly magazine, you can read about our upcoming IFT events, including the IFT Awards,

READ MORE

NEXT EVENT - 22.02.2023

In this webinar Steve Elsom of Fiscale will raise awareness and understanding on Research and Development (R&D) Tax Credits, and how they can benefit businesses and have a positive impact on business

FIND OUT MORE

UPCOMING EVENTS

VIEW ALL
  • Date: 23.02.2023
  • Name: webinar – market overview

08:00 - 09;00 We will be joined by a panel of industry experts who will discuss the current state of the market and brave some predictions! With Steve Tancock - IFT Member, Susan Moor - FRP, Paul Denvers - Enact Fund,

FIND OUT MORE
  • Date: 02.03.2023
  • Name: IFT ACADEMY REUNION

18:00 Join us on the 2nd March to catch up with your course peers and graduates from the first 10 years of the IFT Academy over drinks and nibbles! The Last Talisman, London SE1 3UW

FIND OUT MORE