Lindsay Hallam Reflects Impact Changing Market Conditions Retail Insolvencies
26 April 2024 — In an article published by the Financial Times, Lindsay Hallam, a Senior Managing Director in the Corporate Finance and Restructuring segment at FTI Consulting, comments on the impact of changing market conditions on retail insolvencies in England and Wales.
In the article, Ms. Hallam is quoted, as saying she hoped slowing inflation and the rise in the national living wage from April would “generate a positive response from consumers”.
But she warned that after a period of sustained inflation and stagnant demand, many businesses would find it “challenging” to absorb the higher wage costs given their margins were already tight.
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Source: FTI Consulting, Inc.
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