From our brains to yours.

Local Authorities enter 2026 still facing sustained financial strain. Despite uplifts in core spending power across the sector as a whole, pressures from social care demand, contract inflation and higher borrowing costs continue to erode resilience across the sector. Recent parliamentary evidence confirms that, whilst rare, the number of Section 114 notices issued since 2018 is at an all-time high, underlining the systemic nature of the challenge and the scrutiny on historic corporate investments and subsidiary performance.

The FCA has taken another step forward by confirming the introduction of a targeted support framework and publishing the near final rules in PS25/22.

Significant Risk Transfers, or SRTs, have quietly grown from a specialist solution into a mainstream feature of European banking, and a compelling opportunity for credit investors. They sit at the crossroads of two significant trends: banks looking to manage risk and optimise capital, and investors searching for yield and diversification in a market where spreads remain tight.

The reaction of the UK's hospitality sector to the Autumn Budget has been mixed – grateful to have been recognised, but frustrated that the measures didn't go far enough.

The UK banking sector is undergoing rapid transformation. Chris Laverty discusses how these changes are driven by regulatory pressure, competitive dynamics, and shifting consumer expectations.

The insurance sector is under pressure from new regulatory expectations, economic uncertainty, and the growing impact of climate change and technological disruption. Chris Laverty breaks down the key challenges and offers solutions.

The UK real estate sector must navigate refinancing risks, private credit exposures, and regulatory reckoning. Ian Guthrie explains how firms can adapt to this new era of transparency, leverage and regulatory scrutiny.

The UK’s tourist attractions have demonstrated remarkable resilience. But capital expenditure is critical for maintaining visitor numbers.

A Restructuring Plan can help financially distressed African companies secure a stable future. Andy Charters, Amaechi Nsofor and Neil Gore explain the benefits of this powerful tool – having had first-hand experience through our roles working on the three African restructuring plans to have been sanctioned.

Autumn restructuring outlook 2025

FCA confirms motor finance redress scheme details, outlining scope, methodology, and timelines for compensation across historic commission cases.

The restructuring plan, which includes a cross-crass cram down provision, is an effective tool for PE sponsors with over-leveraged or distressed businesses.

Insurers are currently preparing solvent exit plans, with less than a year left to meet PRA requirements. Klaas de Vries, Russell Simpson and Leonard Mapfumo take stock of firms’ progress and how to overcome the remaining hurdles.

Roundtable: financial resilience in higher education

Explore the UK payments sector: trends, challenges, and innovation shaping the future of digital transactions and financial infrastructure.

What does the Court of Appeal's decision on Petrofac mean for the restructuring plan?