Surprise jump in UK retail sales

Surprise jump in UK retail sales
UK retail sales rose much faster than originally forecast in February, suggesting that the economy's excellent recovery extended into the first quarter of 2014.
Sales in February were 3.7% higher than a year earlier, the Office for National Statistics said. Economists had expected retail sales to improve, but only by 0.5% in February and 2.5% on the year.
The pound rose to $1.6627 after the retail sales data, from $1.6570 beforehand.
The welcoming figures come two days after inflation was shown to have fallen to 1.7% - its lowest level since October 2009.

Invoice Finance for Business Growth

One issue that can stunt the ambitions and growth of small businesses and SMEs is access to external funding.

With banks often reluctant to lend to small businesses during the current climate, many business owners may not be sure where to turn for an affordable and sustainable external finance facility.

Invoice Finance is an alternative funding solution that is highly suitable for businesses that issue invoices and have struggled to fulfil lending criteria for traditional facilities.

Many small businesses are eligible for such facilities, so, if your business could do with a cashflow boost, why not see if invoice finance facilities such as Invoice Factoring and Invoice Discounting could work for you?

Call our team of experts on 01756 694933, email us at info@skiptonbf.co.uk or browse our website for more information on how invoice finance could help set your cashflow free!