Two thirds of SMEs not confident Spring Budget will deliver business support needs

14th March 2023 Commercial Credit Management | #business support

Ahead of the Spring Budget, new data from SME funder Bibby Financial Services (BFS) has revealed that small to medium sized business (SMEs) have lost confidence in the Government’s commitment to support them. In a survey of 500 SMEs from across the UK, four in five (80%) of respondents said they don’t think the government…

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Resilient businesses to rebuild margins as economic outlook improves

14th March 2023 Commercial Credit Management | #business margins

RSM UK’s latest MMBI (Middle Market Business Index) shows 39% of businesses feel the economy has improved over the last quarter with over half (54%) expect the economy to continue to improve over the next quarter, a significant jump from just 38% last quarter. Almost half of businesses (45%) say their net profits are up…

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Over 90% of households worried about April price rises

14th March 2023 Consumer Collections | #price rises

With a typical household’s bills set to rise by nearly £1,300 a year from April, a study by Money Wellness, a wellbeing platform specialising in free debt advice and ongoing support, has revealed that 91% of British people are worried about covering these increases. Furthermore, only 59% of the people Money Wellness spoke to said…

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