Knowsley Chamber is delighted to announce that it has joined forces with the UK’s leading Corporate Rescue and Recovery practice.
Begbies Traynor have become the second Executive Partner with Knowsley Chamber as the borough looks to bounce back and continue its promising pre-lockdown growth.
The partnership will allow Knowsley Chamber to provide the best advice, direction and expertise to members and other Knowsley businesses on financial distress guidance, turn-around support, corporate rescue, and alternative growth opportunities.
Lesley Martin-Wright, Chief Executive, Knowsley Chamber, said: “We estimate that more than 75% of Knowsley businesses have stayed open, in some way, during the pandemic. Whilst this is promising news we know that for many, the next few months, will be a real fight to survive and grow.
As the furlough scheme comes to an end and as grants and loans disappear we will start to see the true damage to our local economy. Partnering with Begbies Traynor in these unprecedented times, will ensure that we are able to give our members access to some of the best turn-around, corporate rescue and refinance experts in the UK.”
Knowsley was performing well before the pandemic hit, with strong economic, investment and employment performance. Confidence had also started to return to our town centres too, with Prescot in particular showing promising signs of rejuvenation.
Keith Tully, Managing Partner, Liverpool Office, Begbies Traynor, said: “Knowsley is an exciting borough. It is the engine of the Liverpool City Region with strong manufacturing and logistics sectors. We want to get to know Knowsley businesses by working with the Chamber to help support and assist them with their survival and growth plans.”
In their first month as Executive Partner, Begbies Traynor hosted an event for Knowsley Chamber members entitled, ‘When the world un-pauses’. the event was well attended on Zoom and the content with delegates reporting that the content was ‘very useful’ and gave them ‘ideas to help them move forward’.
We look forward to working with Begbies Traynor over the next 12 months as the UK faces more difficult times as the pandemic eases but the issues around Brexit get ever closer.
Begbies Traynor is the UK’s leading Corporate Rescue and Recovery practice. Licensed insolvency practitioners and business rescue experts, specialising in turning around the fortunes of companies in financial distress. https://www.begbies-traynorgroup.com/