U.K. economy shrinks as factory output falls most since 2002

Business
The U.K. economy shrinks as factory output falls most since 2002. James Salmon – 10th June 2019. In figures released this morning factory output was shown to have fallen the most since 2002 causing the U.K. economy to shrink. Manufacturing
Read more

Construction sector slumped in May

Business
Construction sector slumped in May. 05/06/2019. The construction sector slumped last month. Building activity in the UK dropped in May the third time in four months, according to IHS Markit’s latest survey. It represented the sharpest decline in construction output
Read more

Retail sales suffer their worst month in 24 years

Business
Retail sales suffer their worst month in 24 years. 4th June 2019. Retail sales suffer their worst month in 24 years. UK shoppers shunned the high street last month leading to sales plunging in May faster than at any time
Read more

Banks reject 70% of small businesses

Business
Banks reject 70% of small businesses 3rd June 2019. A new report shows that Banks reject 70% of small businesses applications. A report from Smith & Williamson reveals that 70% of small businesses fail to secure finance at the first
Read more

SME government loan values decline.

Business
SME government loan values decline. 03/06/2019. Worryingly, it has been reported that SME government loan values have declined. The value of bank loans being offered to small and medium-sized businesses through the government’s flagship small business lending scheme has dropped
Read more

Ready to speak to an advisor?

For help or advice on credit management, entirely without obligation.
Call us today

0330 053 9263