Business news 22 August 2023

Business
Business news 22 August 2023 James Salmon, Operations Director. SMEs could hire 3.5m workers this quarter. Britons urged to ‘pay bills on time’ in HMRC crackdown. Sterling has peaked, to face renewed pressure. Labour: UK growth will be slowest in
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The Impact of Late Payments on Cash Flow

credit management
The Impact of Late Payments on Cash Flow 1st August 2023 Submitted by Nina Albert Around 87% of small and medium enterprises (those with annual sales of less than £5 million per year) are paid late in the UK, and other countries
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Business news 31 July 2023

Business
Business news 31 July 2023 James Salmon, Operations Director. Insolvencies hit highest level since 2009. Not enough hours in the day for SME owners. Energy costs put small firms at risk. Rate rise expected but hiking cycle may soon end. 
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Strategy for Reducing Pay Gaps (E, S, W)

Employment
22/08/2017 Update 20th July 2023. The Chamber of Commerce has published an updated report on the gender pay gap that offers valuable insights and current data. You can find it here: https://www.chamberofcommerce.org/gender-pay-gap Original 2017 Article: Strategy for Reducing Pay Gaps
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UK Inflation unexpectedly drops to 7.9%

Business
UK Inflation unexpectedly drops to 7.9% 19th July 2023 The inflation rate unexpectedly dropped to its lowest in a year to 7.9% for the 12 months to June, according to the Office for National Statistics (ONS). This is great news
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