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UK late payment culture ‘worst in world’

The UK’s late payment culture is the worst in the world, according to research from technology giant Sage.

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HMRC targets nearly 2,000 SMEs over unpaid tax

Close to 2,000 businesses had assets seized by HMRC in 2016-2017 as part of a clampdown on unpaid tax, figures from Funding Options have revealed.

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UK manufacturing sector positive but pressure is mounting

Output from the UK’s manufacturing firms surged in December, according to the latest figures from the Confederation of British Industry.

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Lull in consumer spending continues to hit retail sector

Consumer spending dropped again in November and retailers are being warned that the situation may not improve in the near future.

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Expansion plans on hold as SMEs feel the pressure

Small businesses have warned that they may have to halt expansion plans for next year if they cannot secure funding.

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