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COVID-19 has put many businesses in a difficult financial situation

Although the Government recognised this by pushing the Corporate Insolvency and Governance Act 2020 through Parliament to try and stem the inevitable wave of insolvencies, directors and owners cannot afford to take their eyes off the ball for a second.

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LMI analysis: Thomas Cook

After coming close to collapse in 2011, in 2015 Thomas Cook returned to profit for the first time since 2009. However, terrorist attacks in Tunisia and Egypt, a crippled Greek economy and reputational damage have all hit the company hard and plenty of challenges remain for the UK’s oldest travel operator

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