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ARTICLE · 29 DECEMBER 2008

Restructuring & Recovery Quarterly Bulletin, Winter 2008

As the economy slides deeper into recession, we offer a survival kit to help you prepare for the downturn. We also look at how retailers can keep their businesses on track and examine how the nursing home and health club sectors are coping in the current climate.

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As the economy slides deeper into recession, we offer a survival kit to help you prepare for the downturn. We also look at how retailers can keep their businesses on track and examine how the nursing home and health club sectors are coping in the current climate.

FOREWORD: SURVIVING THE RECESSION

Welcome to the winter edition of our quarterly bulletin, brought to you by Smith & Williamson's Restructuring & Recovery team.

There have been dramatic changes in the economy since the last edition of our bulletin. It is no longer a conjecture – we now accept that the UK is in recession. What, if anything, the Government can do to help ease the situation has been the subject of fierce debate.

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