The turnaround specialist

Douglas MacDonald of The MacDonald Partnership has worked hard to promote the provision of finance to ailing UK companies. Here he tells Andy Thomson that the growing phenomenon of ‘debt forgiveness’ is creating a culture more conducive to business rescues.

Douglas MacDonald, founder of London-based chartered accountancy and turnaround specialist The MacDonald Partnership, says he is an “extremely bitter” man. But this is nothing to do with a recent deal going sour or the fact that he has had a hard day at the office. No, he says, he is bitter because “UK Plc is in damn good shape”.

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