Strong US dollar could lead to increase in restructurings, lawyers say after pound hits record low
Credit: shutterstock/ Ink Drop
Updated: The British pound’s collapse following the UK government’s adoption of a tax cutting budget will impact all industries exposed to sterling income with dollar or euro costs, restructuring lawyers have warned – but they noted that most businesses should have hedged against currency fluctuations.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now