Looking At How VCTs Managed The UK Lockdown

As lockdown measures ease across the UK, the impact on the economy is starting to become apparent. With a contraction of over 20% in the UK economy in April alone, according to some accounts, the economy is expected to shrink by 8% in 2020. Whatever the eventual outcome, it will be heavily dependent on the time it takes for economic activity to normalise, and whether the UK is able to avoid a "second peak". Amidst this uncertain economic outlook, companies across the board, both large and small, have taken measures to shore up balance sheets and preserve cash. Some sectors have been harder hit than others, in particular the services sector, businesses exposed to discretionary spending and those which rely on customer footfall, such as pubs, cinemas, and high street retailers, although the impact has by no means been isolated to these areas. The effects of this have been apparent in public markets, borne out through significant market volatility; and although the