The recent fall in the value of sterling is squeezing domestic sales margins, and increasing the cost base of UK businesses, according to the results of the British Chambers of Commerce’s (BCC) latest International Trade Survey. The results, which are based on the responses of nearly 1,500 businesses, indicate that the recent devaluation of pound…
British business leaders fear that UK infrastructure is lagging behind the rest of the world and feel less confident about global economic conditions over the next 12 months, according to new research from Lloyds Bank. The study, which canvassed the views of boardroom-level executives from leading UK companies and global corporates, shows that two thirds…
The UK manufacturing sector made a strong start to 2017 with output rising at the fastest rate since May 2014. New order intakes expanded at a robust pace and, according to the Markit/CIPS Purchasing Managers’ Index (PMI), price pressures intensified – input cost inflation surged to a survey record high and output charges also increased…
New research from Begbies Traynor shows that more than 275,000 companies were showing signs of “significant” financial distress at the close of 2016, representing the thirteenth consecutive quarter that corporate stress has risen on a year-on-year basis. According to the recovery specialist’s Red Flag Alert data, 276,518 businesses were experiencing “Significant” financial distress at the…