Coronavirus and the impact on UK insolvencies
At the start of the pandemic, it was widely assumed that lockdown would result in a significant increase in both corporate and personal insolvencies, but this has not materialised due to unprecedented financial support provided by the government.
The economic support available has undoubtedly helped companies and individuals avoid insolvency. However, the temporary ban (moratorium) on commercial evictions has been the other key element which has protected businesses.
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