Industry News & Insight
We post regularly in our news and insight section discussing current industry topics, covering all divisions within the Group.
Late payments – a challenge for strong and weak businesses alike
Late payments, especially by large businesses delaying settlements to smaller ones, have been a bone of commercial contention for decades. Beyond the devastation it causes […]
The best way forward when struggling to repay a Bounce Back Loan
When the government launched its business support loan schemes early in the pandemic, there was widespread praise for the initiative. The speed of roll out, […]
The hard realities of ‘soft credit’
Those who run and manage businesses are familiar with the two traditional sources of funding. They understand balance sheet finance, whether it is debt from […]
As CBILS defaults rise, what now for struggling borrowers?
The Coronavirus Business Interruption Loan Scheme (CBILS Scheme) One of the three main pandemic loan mechanisms, the CBIL Scheme, ran from March 2020 to March […]
After the annus horribles of 2022, what will the business outlook be in 2023?
The futility of predicting 2022 Even Nostradamus would have struggled to get his economic forecasts right for 2022, although there were straws in the winter […]
Business energy price cap and Bank of England base rate increase – what businesses need to consider
Business energy price cap With the appointment of Liz Truss as Prime Minister, business owners have waited with baited breath to find out what, if […]
Covid loans: An escalating crisis
The covid loan schemes The government’s speedy launch of the various Coronavirus Business Support loan schemes when the pandemic struck in 2020 was one of […]