Rising costs, weaker trade and increased uncertainty have taken their toll on the economy. The UK is estimated to have entered a recession in the third quarter of 2022, which could last until the end of 2023. But while the duration of the current downturn may be relatively long, the drop in activity is expected to be mild by historical comparisons.

The fourth publication in our acclaimed “Roads to” thought leadership series is focused on the concept of corporate purpose within a shifting business and risk environment. Corporate purpose has risen up the agenda over the past decade. Roads to Repurposing is an in-depth examination of the concept, aimed at business leaders, policymakers and risk professionals. The report looks at what is being covered under the label ‘corporate purpose’ and ‘repurposing’, why these ideas have acquired such an urgency within the business world, and how companies are applying and using them to improve their business performance and manage risk.