Rising insolvencies and supply chain shocks are quickly depleting emergency cash cushions, according to trade credit insurer Atradius. The report shows that UK SMEs face a widening resilience gap— the difference between the cost of escalating business risks and the limited accessible liquidity they hold to withstand them. Cash buffers that once offered protection are…
Read moreThe Federation of Small Businesses (FSB) is calling on Chancellor Jeremy Hunt to improve cashflow, protect jobs and incentivise growth in small businesses with just one week to go until hecdelivers his Spring Budget on 6th March. FSB National Chair, Martin McTague, said“Next week, the Chancellor must show the country he can take practical and…
Read moreNew research by payment merchant, Cashflows has found that 20% of UK small and medium businesses (SMBs) are considering making redundancies to help contend with rising inflation. A further fifth (19%) have already cut staff. As the UK sinks further into recession, payment decision makers said they are considering a range of options to counteract…
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