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What are the biggest risks to trade for businesses in the UK?

As businesses continue to plot their paths post-pandemic, our panel of experts look into the biggest risks to trade for businesses in the UK.

In our recent webinar, our panel of experts looked into the biggest risks to trade for businesses in the UK during the remainder of 2022 and into 2023.

This is the second in our four-part ‘What If’ series, a new set of events from Marsh in which we bring together a panel to debate a certain scenario. 

Our panellists included:
  • Simon Howell, Senior Manager Credit Management, Tarmac Trading Ltd.
  • Vijay Jogia, Local Business Manager, Metro Bank. 
  • Shannon Murphy, Assistant Head of Risk Underwriting, Allianz Trade.
  • Moderator: Robert Butler, Birmingham Practice Leader, Trade Credit, Marsh Specialty.

Here we have broken down the webinar to show the seven key questions asked:

 

1. What is the biggest risk to trade in the UK currently?

2. With the rate of inflation continuing to fuel the cost of living crisis, has this changed your approach strategically both this year and next? 

3. Is supply chain disruption affecting your industry?

4. How have you been dealing with the fact that most financials have been impacted by Covid-19 for the past two years?

5. Has the current environment affected businesses’ approach to funding?

6. Increasing levels of insolvency is something mentioned regularly at the moment, what are you seeing currently and how do you see this panning out for the remainder of 2022?

7. During these volatile times what can you recommend to our listeners as best practices both in credit management and finance more widely?

About our speakers

Ian Leslie

Ian Leslie

Sales & Business Development Leader, Trade Credit

  • United Kingdom

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Robert Butler

Practice Leader, Birmingham Trade Credit