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Your term sheet is also a job description
Ray Nicholls Ray Nicholls

Your term sheet is also a job description

Boards spend six weeks negotiating structure, then write a finance job specification in entirely generic language. The two conversations never meet. They should — because the terms you sign go a long way towards defining the finance function you now need.

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UK Turnaround Demand Remains Firm — But the Real Pressure Is Beneath the Surface
Ray Nicholls Ray Nicholls

UK Turnaround Demand Remains Firm — But the Real Pressure Is Beneath the Surface

The latest quarterly snapshot from the turnaround market paints a picture that will feel familiar to many UK boards and investors.

Activity in restructuring and turnaround remains robust.
Distress levels are edging upward.
And while insolvency numbers have softened slightly, the underlying pressure on UK businesses has not gone away.

For finance leaders and investors alike, the message is clear:
stress is building quietly rather than breaking loudly.

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“It’s better to be a lion for a day than a sheep your whole life.”

— Elizabeth Kenny