By Peter Brailey | Sunday 1 November 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
So here we are facing a further lockdown in England. This will cause misery to many people and, in my view, will now accelerate the collapse of many businesses. For many it’s going to be painful time and the consequences will be significant. As many say in the waste business – “where there’s much there’s brass”, the same is true of business failures. Begbies Traynor (BEG) has a specialism in business distress and failure and much as I dislike the thought of investment gain from business failure and pain it should not be ignored but either should Tom Winnifrith’s prior warnings about this company.
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