The swift spread of coronavirus needed an equally rapid response from government, but with business coming back to life its time for the economy to stand on its own again, says the Insolvency Services Paul Bannister.
The sudden beginning of the pandemic and the imposition of the first lockdown brought about an economic scenario we’ve never seen before, Paul Bannister, Head of Policy at The Insolvency Service, told ICAEW Insights. It was obvious very quickly that the government had to bring in some extraordinary measures that it had never done before.
The swift spread of the virus needed to be matched by rapid government action – more specifically in the Insolvency Services case, the Corporate Insolvency & Governance Act 2020. It would n…
Read the full article at: https://www.icaew.com/insights/viewpoints-on-the-news/2021/jun-2021/back-to-business-as-support-measures-wind-down