The vast majority of regions across England saw increased business activity in January, meaning it was the best all-round performance since last September. Eight out of nine English regions saw activity increase as only the North East bucked the trend and saw a weaker performance, according to a business monitor. The news was especially positive as increased activity came despite snowfall causing major disruptions and also hints at a broader recovery across the country, rather than growth being solely focussed on London and the South East. Yorkshire & Humber saw the strongest performance of the regions, whilst the North East was said to have been affected by falls in manufacturing output.Richard Leathley, Corporate Manager for SBF, said: “To see business activity increasing across large parts of the country, not just across the South East, is certainly positive news and increases the chances of the UK avoiding a triple-dip recession”. “Hopefully such news will help businesses up and down the country become more confident and optimistic that the UK economy is beginning to strengthen”, he concluded.
Invoice Finance for Cashflow Assistance
Are you seeking an external funding solution to help increase business cashflow? Wary of the chances of securing a bank facility? We may have the ideal solution.Invoice finance, such as invoice factoring and invoice discounting, are designed to help businesses that issue invoices increase their cashflow. Such facilities are unique in the way they grow in line with a firm’s own growth, meaning more cash is made available as more invoices are issued. Why not browse our website today, drop us an email at info@skiptonbf.co.uk or give us a call on 0845 602 9354 to find out how your business could benefit from a facility with Skipton Business Finance.