Q4 2020 GDP figures were released this morning, prompting Nick and Jo to analyse the reported 9.9% drop in more detail. This GDP fall is the UK's biggest drop in economic output in 300 years. Also discussed are some recently published non-essential retail numbers, with the British Property Federation reporting that a shocking £4.2bn remains unpaid in commercial rent from 2020. Finally, what happens to the new continuation of supply provisions under CIGA? Can suppliers change their terms during the 10-day protection period that a notice of intent to appoint an administrator provides?...
