 At the start of 2009, the UK economy was forecast to contract by 1.5%. However, by March it had become clear that both the UK and world economy was suffering a far more severe downturn than most commentators had anticipated. The UK economy like much of the rest of the world is facing an uncertain future.
The contraction in the UK economy has inevitably had a significant impact on corporate governance, with all sectors experiencing pressure on jobs, salaries and workloads. The number of redundancies has increased in the last 6 months.
However, redundancies in corporate governance are lower than in the wider economy. Furthermore, the financial crisis has also brought the importance of effective corporate governance centre stage. This will ultimately benefit the industry.
Barclay Simpson’s Interim Market Report 2009 reviews the last 6 months in detail and assesses the prospects for the rest of 2009. There are four specialist reports:
The reports can be read online or downloaded. If you have any problems accessing the reports or would like to discuss any aspect of them, please call 020 7936 2601. We hope you enjoy the reports and would very much appreciate your feedback.
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