Bank of England cuts growth forecast on Brexit uncertainty and trade tension

Brexit
Bank of England cuts growth forecast on Brexit uncertainty and trade tension The Bank of England has forecast a 30% chance that the UK economy will shrink at the start of 2020, amid growth of just 1.3% this year and
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Business News for those selling on Credit

Brexit
Business News for those selling on Credit 30th July 2019. Threat of no-deal sends pound to 28-month low A hardening of rhetoric from the Boris Johnson government over Brexit pushed the pound to a 28-month low against the dollar on
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Treasury accused of scaring lenders with insolvency clawback

Finance and Legal
Treasury accused of scaring lenders with insolvency clawback. 16/07/2019. Business groups have warned that new rules making HMRC a preferential creditor in the event of an insolvency could harm access to finance for small businesses. By leapfrogging over other types
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Bank of England cuts growth predictions after “weak” six months

Business
Bank of England cuts growth predictions after “weak” six months 28/06/2019 The Monetary Policy Committee (MPC) of the Bank of England  has warned of a weakening outlook for the UK economy, as ongoing political uncertainty threatens to impact trade for
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Government announces proposed new powers to tackle late payments.

Business
Government announces proposed new powers to tackle late payments. James Salmon, 20/06/2019. The Government has again made noises about trying to tackle late payments and break the cycle of the late payment culture in the UK with a range of
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