Business news 2 August 2023 James Salmon, Operations Director. Companies face financial distress as costs rise and spending declines. Business confidence falls amid concerns over rising interest rates. Recession warning over rate hikes. Manufacturing sector records worst month of the year. Tax

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

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

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. 

Business news 27 July 2023 James Salmon, Operations Director. Confidence among small businesses slumps in Q2. MPs start probe into small business de-banking. UK SMEs consider diversifying bank pool.  And more business news that we thought would interest our members.