Bank lending to SMEs on decline

Business
Bank lending to SMEs on decline. 09/05/2019. Research published by Oxford Economics indicates that lending by banks to small businesses has fallen by 3% since 2015, despite credit provision to large companies having increased by 43%. According to the study
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UK business in significant financial distress

CPA Blog
UK businesses in significant financial distress. 9th May 2019. New research from Begbies Traynor, the UK’s leading independent insolvency firm, reveals there are now 484,000 UK businesses in significant financial distress. This follows from warnings yesterday from KPMG re zombie
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DHL working hard on Late Payments

Business
DHL working hard on Late Payments. 9th May 2019. DHL says it is “working hard to resolve the issue” after it was removed from the government’s Prompt Payment Code for failing to pay suppliers on time. The Prompt Payment Code
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KPMG in zombie warning

Business
KPMG in zombie warning. 8th May 2019. Accountancy giant KPMG has issued a “zombie warning” regarding failing businesses, saying . “the rise of zombie firms in the UK could spell trouble ahead” Analysis from KPMG suggests that underperforming businesses are
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Companies House to get fraud crackdown powers

Business
Companies House to get fraud crackdown powers. 8th May 2019. Companies House looks set to to get fraud crackdown powers. The Government is to consult on plans to give Companies House new powers to tackle criminal misuse of the register,
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