The Great Reset
- 24 November 2020
- Special Reports | Special Reports
The UK business landscape has been rendered unrecognisable by the COVID-19 landslide. Big urban corporations and sole rural traders alike have been forced to change their business models and ways of working. Many have credit, some for the first time: at the last count, almost 25% of firms had applied for government-backed lending schemes, while 43% reported their cash reserves would last less than six months. As hopes of a fast recovery fade, Chartered Banker explores how corporate and commercial banking will need to evolve to adapt to this new environment.