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Turnaround firms prepare for wave of post-Brexit restructurings

Sterling’s depreciation and an anticipated drop in consumer spending are putting increasing pressure on retail companies

Turnaround firms prepare for wave of post-Brexit restructurings
Photo: Getty Images

Turnaround investors are gearing up for a surge in deal opportunities in early 2017 as UK businesses grapple to cope with the aftermath of Brexit.

Sterling's depreciation and an anticipated drop in consumer spending following the EU referendum are putting increasing pressure on companies in retail and consumer-focused sectors, which could leave many struggling to repay their debts, according to a variety of restructuring executives.

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