Manufacturing downturn deepens. 1st July 2019. The UK manufacturing PMI has fallen to its lowest level since February 2013 as the manufacturing downturn deepens. The June IHS Markit/CIPS UK manufacturing purchasing managers’ index (PMI) showed a reading of 48, down

Consumer Spending growth set to slow 25th June 2019. Analysis by EY Item Club suggests consumer spending growth will slow from 1.8% in 2018 to 1.6% in 2019 and 1.7% in 2020. The report also suggests employment growth will slow

UK hit by a cold front – literally and financially James Salmon 21st June 2019. May was miserable and June hasn’t been much better. It seems the traditional April showers have decided to settle and make a summer of it.

Business news affecting recent insolvencies and credit management 19th June 2019 Some days there is nothing in the news that overlaps with the world of credit management. Today is not one of those days. Today is such a busy day

UK businesses sitting on £600 billion in excess working capital. 20/06/2019. New research by Lloyds Bank has revealed that businesses could be sitting on £593bn in excess working capital, which could hamper growth and leave them exposed to economic uncertainty.