News

Thomas Cook - What went wrong
Monday, 23rd September 2019 12:50

Sad to see Thomas Cook become the latest British business to cease trading as crisis talks failed the reach a suitable outcome by 2 am this morning. Now the largest peacetime repatriation will begin, with the government (and the taxpayer’s purse) tasked with getting 150,000 British holidaymakers back to the UK. Support from Easyjet and Virgin will help;  flights have been brought in from as far afield as Malaysia.

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31% of SMEs have experienced late payments
Wednesday, 18th September 2019 14:42

Latest research conducted by Hitachi Capital UK has revealed that late payments continue to have a detrimental effect on UK businesses, with over a third of companies reporting losses of at least £10k in the last year due to not being paid on time.

 

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Reports find UK business confidence at six month low
Tuesday, 10th September 2019 10:54

The latest findings from Lloyds Banking Business show that UK business confidence fell for the first time in three months in August 2019 – by 12 points. The reduction in confidence to 1% brings business confidence to just below the level seen in June 2016, and further below the long-term average of 24%.

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New Rules introduced to exclude late payers from public sector contracts
Tuesday, 10th September 2019 10:17

In a move welcomed by business groups, the Government has introduced new prompt payment rules which will prevent poor payers from winning lucrative public sector contracts.

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Universities prepare to navigate the challenges of cross border payments
Wednesday, 28th August 2019 12:59

As UK universities attract more international students they need to be mindful of the challenges of managing cross border invoices, particularly in relation to tuition fees.

 

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British restaurants and bars feel the heat from Brexit squeeze
Wednesday, 28th August 2019 10:51

Recent reports have highlighted the pressures on UK high street bars and restaurants as they suffer a downturn during Brexit uncertainty.

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