Britain’s oldest builder folds.

Business
Britain’s oldest builder folds. 03/07/2019. Britian’s oldest builder has folded as a business (sadly, not just his arms as our picture suggests). R Durtnell & Sons Limited, Britain’s oldest builder is no more having issued notices to all known creditors
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SMEs under strain

Business
SMEs under strain. 2nd July 2019. A new survey highlights how SMEs under strain from late payment problems. Research by Xero, the accountancy software firm, and Paypal, the online payments service shows more than one in three owners of small
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Manufacturing downturn deepens

Business
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
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Survey shows late payment problems worsening for SMEs

CPA Blog
Survey shows late payment problems worsening for SMEs 25th June 2019. Existence is getting tougher for the UKs SMEs. Research has revealed late payment problems have worsened for 27% of the UKs SMEs in the last 12 months, according to
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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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