U.K. Turnaround And Restructuring Update: December 2025

2025 has been characterised by significant geopolitical adjustments, which have reinforced how such macroeconomic shifts are now central to business disruption, rather than simply background noise.

I have seen that the most resilient organisations to emerge from this period are those that can pivot quickly, communicate transparently, and empower their teams to move forward despite such uncertainty. Agility and scenario planning are not just best practices – they're essential survival skills in a world where elections and policy shifts can upend the status quo overnight.

Of course, the impacts of economic policy and overall market conditions ripple through to consumers, too. We expect only a modest increase above inflation in spending in the U.K. in the run-up to Christmas and our 2026 Global Consumer Outlook , released earlier this month, suggests that consumer sentiment – and associated spending – will once again remain constrained for the year ahead.