How big is the problem? U.K. corporations are still contemplating the mid-July report from the Item Club, an EY think-tank, who have forecast the UK’s GDPP contraction will now reach 11.5% for 2020, together with a doubling of unemployment to 9.0%.
As Mark Gregory, EY UK’s chief economist, said: “Government measures have provided significant short-term support, but many businesses are waiting for more certainty over the economic outlook before making longer term investment decisions.”
Opportunity can be found amidst continuing economic uncertainty. Regardless of your industry – and especially if you’re in construction, legal, or logistics – business continuity is an urgent priority. At a more granular level, it’s almost certain that you’re factoring risk, sustainability, and cost-reduction.
This report explores approaches to deliver the core changes you require to drive business survival.