Coronavirus crisis holds 620,000 SMEs in distress endangering 2.8 million jobs

Business
Coronavirus crisis holds 620,000 SMEs in distress endangering 2.8 million jobs 12th February 2021 James Salmon, Operations Director.   14% increase (76,000) in SMEs in significant financial distress in the last quarter 620,000 SMEs in significant financial distress – 118,000
Read more

GDP falls 9.9% in 2020 – business news 12 February 2021.

Business
GDP falls 9.9% in 2020 – business news 12 February 2021. James Salmon, Operations Director. GDP falls 9.9% in 2020, covid-19 but the Bank of England Economist predicts a double digit recovery, the FCA says a quarter are struggling financially,
Read more

Economy to take two years to bounce back – business news 9 February 2021.

Business
Economy to take two years to bounce back –  business news 9 February 2021. James Salmon, Operations Director. The economy to take two years to bounce back, UK consumer spending slumps, warnings against tax rises , covid-19, market and other
Read more

Spending Slumps by a third – business news 22 January 2021.

Business
Spending Slumps by a third – business news 22 January 2021. James Salmon, Operations Director. Spending slumps by a third in latest lock-down, small business owners face mental health crisis, residential transactions surge in December, businesses to spend £7.5bn a year
Read more

Late payments rules strengthened – business news 19 January 2021.

Business
Late payments rules strengthened –  business news 19 January 2021. James Salmon, Operations Director. We cover the Government announcement of a strengthening of the rules on late payments, plus lots more business news we thought would interest our members and
Read more

Ready to speak to an advisor?

For help or advice on credit management, entirely without obligation.
Call us today

020 8846 0000