United Kingdom: Credit Control and Cashflow

The UK market continues to experience a mixed economic environment that is driving both restructuring activity and opportunistic dealmaking. Persistent cost pressures, higher borrowing costs than those seen during the previous decade, and ongoing geopolitical uncertainty have placed strain on businesses with leveraged balance sheets or tight cash flow positions. As a result, I have noted that many of my clients are seeking to refinance existing debt, renegotiate contractual arrangements, reduce operating costs, or undertake more formal restructuring processes.

The latest report from our Centre for Regulatory Strategy, EMEA outlines the new requirements around the exchange and holding of collateral, and sets out the best practices and advanced techniques to respond effectively to the resulting collateral management challenge.

As large corporations and government departments experience increasing pressure to control their costs, IT expenditure is under ever closer scrutiny.