2021 will bring 'triple whammy' for covenant support

James Phillips
clock • 2 min read
Harrison: Government support can't last forever
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Harrison: Government support can't last forever

Sponsor covenants are facing a “triple whammy” moving into 2021 as the effects of Covid-19, Brexit and macro-economic conditions combine, Lincoln Pensions warns.

This year has been among the most "tumultuous" already, managing director Matthew Harrison said, but with support unwinding at the same time as the risk of a no-deal Brexit rears its head again schemes...

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