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Consultants expecting insolvencies in wake of chancellor’s Winter Economy Plan

The new economic support for businesses set out by UK chancellor Rishi Sunak in the Winter Economy Plan is good, but is unlikely to prevent a wave of insolvencies, say Mark Supperstone, co-founder and managing partner at Resolve, a business advisory and investment house.

Consultants expecting insolvencies in wake of chancellor’s Winter Economy Plan
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The plan – announced last week – includes a new jobs support scheme which will replace the furlough scheme at the end of October, and will last six months. Sunak also announced a further deferment on VAT bills for businesses.

Read more at Accountancy Age

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