Banks treating small fintech start-ups ‘unfairly’

Business
Banks treating small fintech start-ups ‘unfairly’ 3rd July 2019 Experts are warning fintechs to exercise caution when considering takeover offers from big banks, as reports of SMEs being taken advantage of increase. Several senior fintech executives have pointed to recent
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Britain’s oldest builder folds.

Business
Britain’s oldest builder folds. 03/07/2019. Britian’s oldest builder has folded as a business (sadly, not just his arms as our picture suggests). R Durtnell & Sons Limited, Britain’s oldest builder is no more having issued notices to all known creditors
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SMEs under strain

Business
SMEs under strain. 2nd July 2019. A new survey highlights how SMEs under strain from late payment problems. Research by Xero, the accountancy software firm, and Paypal, the online payments service shows more than one in three owners of small
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Manufacturing downturn deepens

Business
Manufacturing downturn deepens. 1st July 2019. The UK manufacturing PMI has fallen to its lowest level since February 2013 as the manufacturing downturn deepens. The June IHS Markit/CIPS UK manufacturing purchasing managers’ index (PMI) showed a reading of 48, down
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Late-payers to be frozen out of public sector contracts

CPA Blog
Late-payers to be frozen out of public sector contracts 25th June 2019. Updated 27/06/19. Late-paying businesses look set to be frozen out of public sector contracts from the autumn. Last week we wrote about how the government has announced a
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