Business news 15 November 2023

Business
Business news 15 November 2023 James Salmon, Operations Director. Insolvencies jump 18% in October. Pay outpaces inflation at fastest rate since 2021. Soaring inflation equivalent to 3p income tax rise. Hunt: ‘Fiscal discipline’ is working.  A British ISA, Sponsorship scheme,
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Insolvencies predicted to rise

Insolvencies
Insolvencies predicted to rise 20th October 2023 Allianz Trade predicts in its latest report  that UK business insolvencies in the UK will reach about 30% above pre-pandemic levels by 2025, with almost 30,000 insolvencies predicted for 2024 and 2025. The
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Business news 13 October 2023

Business
Business news 13 October 2023 James Salmon, Operations Director. EU proposes tightening of Late payment regime. UK economy grew by 0.2% in August. Labour considers scrapping tax loophole for small firms . Mortgage and credit card default rates set to
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New late payment measures fail to excite

credit management
New late payment measures fail to excite James Salmon, Operations Director – 12th October 2023. While I was away on leave, the government announced “new” measures to tackle the late payment culture that is holding back small businesses and the
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Business news 11 October 2023

Business
Business news 11 October 2023 James Salmon, Operations Director. This blog has been on holiday but here are some of the things while we were away. Recession fears dampen hiring intentions Employers are becoming increasingly cautious about hiring new employees
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