Paul Smith Quoted in The Times Highlighting the Impact of the Weakening Pound Sterling on SMEs

Paul Smith, a managing director in our global restructuring advisory practice, has been quoted in The Times observing the importance of recognizing the UK's current economic state, and how SMEs should make plans to realign business models in case improvements to the pound are further away than hoped for.

Paul commented, "Companies that had been savvy will have some currency hedging in place, but this will not last for ever and we need businesses to face facts that a volatile or decreased value of the pound could be the new reality."

Subscribers to The Times can read the full article here



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