Business news 1 August 2023

Business
Business news 1 August 2023 James Salmon, Operations Director. Consumer borrowing hits five-year high. Retail inflation, house prices, recession odds, the FTSE 100 and more business news that we thought would interest our members. Consumer borrowing hits five-year high Bank
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UK small businesses owed £32.1bn in late payments

credit management
UK small businesses owed £32.1bn in late payments 19th July 2023 New research finds UK small businesses are owed £32.1 billion in late payments, with many considering using personal savings to support up their business UK small business are being
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Business news 14 July 2023

Business
Business news 14 July 2023 James Salmon, Operations Director. 43% of SME’s struggle with late payments. Corporate distress among SMEs rises. Mortgage rates hit 15-year high, defaults rise. UK economy contracted 0.1% in May.  And more business news that we
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Business news 5 July 2023

Business
Business news 05 July 2023 James Salmon, Operations Director. 78% of SME’s in profit despite late payments. The NHS, water bills, banking woes, climate and more business news that we thought would interest our members. 78% of SME’s in profit
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Business news 29 June 2023

Business
Business news 29 June 2023 James Salmon, Operations Director. HMRC accused of profiteering from late payments. Rising interest rates. Over 1.4m UK households face mortgage repayment rises. Chancellor tells regulators to increase scrutiny of suppliers.  And more business news that
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