Credit, Collections & Insolvency News
Latest figures from the British Retail Consortium (BRC) have shown that shop price inflation rose by 1% year-on-year in April, a slowdown from 1.2% in March and below the three-month average of 1.1% Non-Food inflation decreased to -0.1% year on year in April, against growth of 0.1% in March. This is below the 3-month average…
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Mid-market businesses are feeling overwhelmingly optimistic when it comes to their near-term investment in artificial intelligence (AI), according to new research from BDO, the accountancy and business advisory firm. The bi-monthly survey of 500 mid-market businesses revealed that the majority (97%) said they expect to see a return on their investment in AI within the…
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UK retail sales fell sharply over Easter as concerns over the Iran conflict weakened consumer confidence according to data from the Confederation of British (CBI) Industry which showed its retail index dropped to minus 68 in April, the lowest level since records began in 1983. Most retailers reported declining sales and expect conditions to worsen…
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Awareness of specialist business finance among UK SMEs is on the rise as new search data from Semrush has revealed an increase in online demand for tailored funding solutions such as Asset Finance and Invoice Finance. The latest figures show that searches related to specialist finance have increased over the past 12 months, with Asset…
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