Partnership with Begbies Traynor will allow Knowsley Chamber to to provide advice, direction and expertise to members and other Knowsley businesses

Knowsley Chamber has secured insolvency and corporate recovery firm Begbies Traynor as its second executive partner.

The partnership will allow Knowsley Chamber to to provide 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 of Knowsley Chamber, said: “We estimate that more than 75% of Knowsley businesses have stayed open, in some way, during the pandemic. While 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.”

Keith Tully, managing partner, Liverpool Office, Begbies Traynor, added: “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.”