UK Services stagnate, pointing to recession

Business
UK Services stagnate, pointing to recession 4th September 2019. The IHS Markit Purchasing Managers Index (PMI) has today shown that the UK services sector is stagnating with growth in the sector having almost stalled last month. This points to the
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Construction industry output drops to a decade low

Business
Construction industry output drops to a decade low 4th September 2019. Credit Managers who supply to the construction industry will want to take note of the latest market data. The UK construction industry is contracting and combined with the latest
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Manufacturing slows

Business
Manufacturing slows 3rd September 2019. UK Manufacturing falls to seven-year low Activity in the UK’s manufacturing sector contracted at the fastest pace for seven years in August, a closely-watched survey has suggested. The uncertainty surrounding Brexit and the global economic
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Bank referral scheme helps fewer than 800 firms

Business
Bank referral scheme helps fewer than 800 firms 2nd September 2019.   The bank referral scheme, an initiative administered by the British Business Bank on behalf of the Treasury and which links small companies turned down for bank finance with
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Visitor numbers fall despite weak pound

Brexit
Visitor numbers fall despite weak pound 30th August 2019. For those businesses exposed to the travel and tourism industry, the latest figures that show visitor numbers fall will be of concern. Many would have hoped  that hotels, restaurants, and other
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