This note explains which businesses must close and considers how the restrictions on movement of people impact on essential businesses.

For insolvency practitioners, the decision to close non-essential businesses will impact on what options are available if a business is in distress and has to go into an insolvency process.

It will also impact on the strategy for existing appointments – determining whether the company has to cease trading entirely, whether it can be mothballed temporarily or whether the business is essential and can be sold or traded.