Risk, Resilience And Adaptability

What steps can be taken to become more resilient in these challenging times?

Just when we thought the impact of Covid was behind us, the UK is facing another recession, depending only on performance in the last quarter of 2022. Economic conditions have been affected by the occupation of Ukraine, rising energy costs, inflation and increases to the cost of borrowing. An extended period of economic uncertainty appears to be on the cards as the UK manages its trading relationships following Brexit and faces increasing levels of industrial action in the public sector.

Economic uncertainty may become our new normal but perhaps things are not quite as depressing as they may seem.