With the higher costs of living exacerbated by stagnant wages and benefit cuts, there’s no doubt the UK faces a debt problem, but where are the areas most affected by financial woes?
New analysis from data selected from 250,000 SMEs has found that on average fewer than half of UK small businesses (49.9%) were operating in positive cash flow in 2017. The indicator showed that over the past year, 30-day invoices were on average paid after 40 days nationwide, but the UK’s biggest businesses (FTSE 350) delayed payment […]
Online research from TDX Group, an Equifax company, reveals that 45% of people think it’s too easy to get into debt, with a further 20% stating that banks and other lenders need to be stricter about the amount they lend to consumers. The survey, conducted with Gorkana, also highlighted that 68% of people think a […]
UK company formation experts, Turnerlittle.com have investigated the levels of SME borrowing, analysing the latest data from UK Finance to assess how the UK's debt crisis has affected businesses. The data revealed that unlike consumer borrowing, SME borrowing in 2017 remained stable. But when the amount borrowed was compared with the number of active businesses […]
Monday 15th January has the unfortunate dishonour of being Blue Monday 2018, often also considered the most depressing day of the year. However, despite this day being a prime tool for marketing and sales, Hitesh Dodhia, Superintendent Pharmacist at PharmacyOutlet.co.uk, here provides CEO Today with some insightful advice on how to confront the very real […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
