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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Boots to close 200 stores as High Street crisis continues.

Business
Boots to close 200 stores as High Street crisis continues. 03/06/2019. UK chemist chain Boots has announced plans for a review that could see more than 200 stores close over the next two years, as problems for high street businesses
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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
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Pessimism surrounds family finances

CPA Blog
Pessimism surrounds family finances. James Salmon, Director, 23/5/2019. Updated 07/06/2019 Pessimism surrounds family finances. See our earlier post – Three in ten British adults’ personal finances go into the red An IHS Markit survey shows that although unemployment is at
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