UK avoids recession 10th September 2019. UK brushes off recession fears The UK avoids recession as the economy expanded by 0.3% month on month in July, according to official figures, well above economists’ expectations of 0.1% growth. The services, manufacturing

Government council will support post-Brexit lending to SMEs 10th September 2019. The Treasury and the Department for Business, Energy, and Industrial Strategy (BEIS) have announced the creation of a finance council to support lending to smaller businesses after Brexit and

Late payments cost SMEs £51.5bn 5th September 2019.   Late payments have cost SMEs an estimated £51.5bn in the last year, research from Hitachi Capital UK has found.   The sum was extrapolated from a poll of 1,000 SME owners

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

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