Consumer Spending growth set to slow

Business
Consumer Spending growth set to slow 25th June 2019. Analysis by EY Item Club suggests consumer spending growth will slow from 1.8% in 2018 to 1.6% in 2019 and 1.7% in 2020. The report also suggests employment growth will slow
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UK Fraud rises 6% – And 20 ways to avoid identity theft

Business
UK Fraud rises 6% – And 20 ways to avoid identity theft 21st June 2019. Cifas, the UK’s fraud prevention service released this week its annual publication Fraudscape and it paints an alarming picture of fraud in the UK. They
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Cashless trend potentially “devastating” for small businesses

Business
Cashless trend potentially “devastating” for small businesses, warns FSB. 10/06/2019. The chairman of the Federation of Small Businesses has warned that many UK businesses could suffer “devastating” losses if bank charges for cards are not restricted, as cashless transactions account
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Banks reject 70% of small businesses

Business
Banks reject 70% of small businesses 3rd June 2019. A new report shows that Banks reject 70% of small businesses applications. A report from Smith & Williamson reveals that 70% of small businesses fail to secure finance at the first
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SME government loan values decline.

Business
SME government loan values decline. 03/06/2019. Worryingly, it has been reported that SME government loan values have declined. The value of bank loans being offered to small and medium-sized businesses through the government’s flagship small business lending scheme has dropped
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