Industry News

Recent Industry News

Both teams recorded impressive profits in the first week's challenge
Young Apprentice - Week One Appraisal The BBC’s rebranded ‘Young Apprentice’ kicked off on Monday evening, as the crème de la crème of the UK’s young entrepreneurial talent got the chance to show to the country that, despite high youth…
Factoring and invoice discounting are both types of accounts receivable funding
Over 300k jobs could be created through greater uptake of alternative funding New research has revealed just how big a role alternative funding sources play in keeping the UK’s economy going, and how much further it could go in helping the economy to achieve growth. Increased…
Invoice finance solutions often prove viable funding alternatives for SMEs
New bank regulations could decrease lending further New rules and regulations imposed on banks are making it more difficult for banks to lend, according to the chairman of the UK’s Treasury Committee, Andrew Tyrie. As a result of these suspicions, it…
Late payments can really impact on cash flow
Small businesses seeing later payments Payments amongst the UK’s businesses are getting later again, new research by Experian has revealed. It took an average of 26.13 days past due date for businesses to settle bills in the period…
VAT cuts could encourage businesses to increase spending
SMEs calling for VAT cuts and interest rate commitments New research by IT finance provider Syscap has revealed that two thirds of SMEs support the idea of a VAT cut. It is commonly felt by SMEs that an easing of pressure on household and business budgets…