Skip to main content
Home
  • Home
  • Invoice Factoring
    • White Label
    • Interest-Free Invoice Factoring
    • Disclosed
    • Recourse
    • CHOCS
    • A Simple Guide
    • Got Cashflow Worries?
    • Invoice Factoring or Overdraft?
    • Invoice Factoring Glossary
  • Invoice Discounting
    • Confidential
    • Disclosed
    • Recourse
    • For Small Businesses
    • A Simple Guide
    • Got Cashflow Worries?
    • ID or Overdraft?
    • ID Glossary
  • Funding Stories
  • FAQs
  • ESG
  • Contact Us
  • Proposal Form

Covid-19 Business Support

PLEASE NOTE THAT THE CBILS & BBLS is now closed to new applications

Find out more...

UK

What does the recession mean and how does it compare to the 2008 financial crisis?

Last week, it was announced that the economy shrank by 20.4% between April and June compared with the first three months of the year. The decline caused by the COVID-19 pandemic officially pushed the UK into recession, the first time the UK has been in recession since 2009. A recession is defined as two successive quarters of decline in gross domestic product (GDP).

Make a Quick Enquiry

News Categories

  • Bounce Back Loan (2)
  • Brexit (6)
  • Business (3)
  • Business Advice (23)
  • Cashflow (5)
  • Christmas (1)
  • Client News (4)
  • Confidential Invoice Finance (5)
  • Construction (1)
  • Coronavirus (21)
  • Customer Service (1)
  • Cyber Security (3)
  • Demand (3)
  • Distribution (1)
  • economy (11)
  • EFG (1)
  • Employee Announcements (2)
  • Employee News (1)
  • Finance News (5)
  • Funding Options (7)
  • Funding Stories (2)
  • Funding Story (1)
  • Haulage (3)
  • Invoice Discounting (7)
  • Invoice Factoring (5)
  • Invoice Finance (23)
  • Jobs (1)
  • Late Payments (1)
  • Logistics (3)
  • Manufacturing news (1)
  • My White Label (2)
  • Print (1)
  • Printing (1)
  • Product (3)
  • Product Review (2)
  • Recruitment (2)
  • Relationships (1)
  • Research (2)
  • SMEs (5)
  • UK (1)
  • Wholesale (1)
  • Women In Business (6)
  • About SBF
  • Contact Us
  • Careers
  • Cookie Policy
  • Press Releases
  • Data Privacy Notice
  • CIFAS FPN
  • News
  • Women in Business
  • The Skipton Effect
  • My White Label
  • Invoice Factoring
  • Disclosed Invoice Factoring
  • CHOCS Invoice Factoring
  • Invoice Discounting
  • Confidential Invoice Discounting
  • Disclosed Invoice Discounting
  • Recourse Invoice Discounting
  • Skipton Building Society
Registered in England - Number 04171724
Skipton Business Finance Limited SBF
Registered Office: The Bailey, Skipton, North Yorkshire, BD23 1DN, England.
01756 694068
info@skiptonbf.co.uk
© 2022 Skipton Business Finance Ltd.
Developed by Web Assistant