Professional services: Leading the recovery

Professional services will play a key role in Lancashire’s economic recovery, according to key players in the sector who are now gearing up for the task.

The range of expertise and support available to businesses as they look to emerge from the coronavirus crisis is impressive.

More than 40,000 people are employed in the sector in the county. They work for accountants, law firms, financial advisors and insurance brokers, specialist property-related consultancies and recruitment agencies and business process outsourcing organisations. Each will have their part to play in the recovery.

Ian Liddle, partner at law firm Farleys, says: “We cannot yet know the full long-term impact Covid-19 will have on the economy, but what is clear is that the professional services sector in Lancashire will be critical to keeping the economy going through this crisis, and essential to supporting the recovery afterwards.”