UK businesses sitting on £600 billion in excess working capital

Business
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.
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CVAs have led to 1,000 store closures

Business
CVAs have led to 1,000 store closures 19th June 2019. A new study suggests the use of company voluntary agreements (CVAs) has led to the closure of almost 1,000 stores over the last two years. The research from global property
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Update on retail CVAs

Business
Update on retail CVAs 12th June 2019. Today we have seen updates on 3 of the recent retail CVAs. Intu deals blow to Arcadia hopes Shopping centre owner Intu is planning to vote against Sir Philip Green’s revised proposals to
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Cashless trend potentially “devastating” for small businesses

Business
Cashless trend potentially “devastating” for small businesses, warns FSB. 10/06/2019. The chairman of the Federation of Small Businesses has warned that many UK businesses could suffer “devastating” losses if bank charges for cards are not restricted, as cashless transactions account
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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
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