From import checks to co-operation on science, the UK's decision to leave the EU continues to throw up a range of unresolved problems more than seven years after the Brexit vote
WHILST many businesses and sectors have been affected by the turmoil caused by the Covid-19 pandemic, it is fair to say that some business owners have seen less of an impact on their top line. But with the economy now in recession and uncertainty set to continue for months, being aware of potential weak links for your business will stand in you good stead, writes Daryl Warwick of Armstrong Watson. Are all of your outstanding debts collectable? There are many examples of businesses that have collapsed when a business owing them money have collapsed, resulting in an unexpected cash hole in the cash flow forecast. This is likely to become more prevalent as we enter 2021, with unemployment continuing to rise and the UK’s GDP expected to be adversely impacted by the ongoing uncertainty around Brexit.Where businesses use an invoice finance facility, their lenders will be aware of potential bad debts, but if you don’t use such a facility, you should still ensure that you have ro
it s quite late to be starting. economically does this matter to the world if britain hugely. i think you get a little taste of what might happen looking at the argentinean market that crashed a few days ago, went down 40% or so on one day on the back of an election. the country was leaning left. if you get a situation with brexit where, say, the labor party comes in, in the u.s. if you get warren or sanders as the democratic candidate, i think that all these things are going to have a market impact. the thing that i struggle you re saying the market will be scared with so many hard left absolutely, absolutely. but i think what s interesting is that this isn t already priced in. and i think that the market has become really complacent, not only because of all the quantitative easing and easing and low interest rates but the fact all these worrisome political signals have been masked by the fact aon every dip every time trump says something ridiculous or there s an issue
the country was leaning left. if you get a situation with brexit where, say, the labor party comes in, in the u.s. if you get warren or sanders as the democratic candidate, i think that all these things are going to have a market impact. the thing that i struggle to be clear, you re saying the market will be scared with so many hard left absolutely, absolutely. but i think what s interesting is that this isn t already priced in. and i think that the market has become really complacent, not only because of all the quantitative easing and easing and low interest rates but the fact all these worrisome political signals have been masked by the fact every dip every time trump says something ridiculous or there s an issue with brexit, the market goes down. algorithmic traders which are now 80% of the market coming in and buy on the dip. you get the cycle where deep signals are being masked and i think that sets us up for bigger downturns in the future. let me ask you about the po