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 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

Business news 12 July 2023 James Salmon, Operations Director. Rising Insolvencies leading to rising profits for specialists. Record pay rises fuel fresh inflation fears. Households face another £2,300 hit to their finances. No pre-election giveaway.  And more business news that

Business news 26 June 2023 James Salmon, Operations Director. PM pleads with borrowers to hold their nerve. Banks forbearance measures. UK economy loses momentum. BoE accused of tightening too quickly. Mortgage prisoners left ‘suicidal’.  And more business news that we

Business news 9 May 2023 James Salmon, Operations Director. Small firms stretched by fixed energy contracts. UK firms more optimistic than rivals. Consumer spending fails to match inflation. UK to avoid recession in H1. Bank of England set to raise