Supply chain pressures plague mid-sized businesses

Continued supply chain pressures, including cost increases, delayed materials and shortages outrank workforce challenges and increasing business costs as a main concern for over a third (36%) of mid-sized businesses, according to latest research from accountancy and business advisory firm BDO.  The bi-monthly survey – which looks at the challenges and opportunities facing mid-sized businesses…

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Recessionary fears pile uncertainty on businesses

The UK labour market is set to see an end to its 10-month streak in positive hiring intentions following a dip in productivity and growing recessionary fears according to a report from accountancy and business advisory firm, BDO. BDO’s Employment Index has seen an increase each month since October 2021, increasing 0.53 points to 115.33 in…

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Fears growing over financial pressures on businesses

Fears are rising over the financial pressures facing British businesses. The latest Lloyds Bank Commercial Banking barometer shows that business confidence in London fell by 20 points during April to 40%, while Begbies Traynor warned that there was a 20% rise in the number of companies in distress over just three months. The barometer showed…

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