13

Efficacy of special administration versus continued debt for failing companies is unclear

Conclusion
Special administration should be a last resort. However, it is unclear whether allowing a failing company to struggle on and accumulate progressively more debt is a better outcome than assuming temporary national control more quickly, with the associated costs that it could incur. (Conclusion, Paragraph 35)
Timeline
Recommendation age 1.0 yr
Report published 16 Jun 2025