UK Services stagnate, pointing to recession

Business
UK Services stagnate, pointing to recession 4th September 2019. The IHS Markit Purchasing Managers Index (PMI) has today shown that the UK services sector is stagnating with growth in the sector having almost stalled last month. This points to the
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Construction industry output drops to a decade low

Business
Construction industry output drops to a decade low 4th September 2019. Credit Managers who supply to the construction industry will want to take note of the latest market data. The UK construction industry is contracting and combined with the latest
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Bank referral scheme helps fewer than 800 firms

Business
Bank referral scheme helps fewer than 800 firms 2nd September 2019.   The bank referral scheme, an initiative administered by the British Business Bank on behalf of the Treasury and which links small companies turned down for bank finance with
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UK economic sentiment at lowest level for seven years

Brexit
UK economic sentiment at lowest level for seven years 30th August 2019. Weak services and reduced confidence in the retail sector saw economic sentiment in the UK fall to its lowest level in seven years this month, according to figures
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Global insolvencies ‘rising faster than expected’

Insolvencies
Global insolvencies ‘rising faster than expected’ 28th August 2019. If you export you will be concerned to learn that global insolvencies are rising faster than expected. Most UK SMEs are aware of issues in the UK linked to low growth,
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