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Commercial Credit News
Accountants confirm effect of UK economic downturn
Tuesday, 02 September 2008

One in five UK accountants have confirmed that their clients have been refused credit or had funding restrictions imposed in the light of the credit crunch.

Happiest employees "work for SMEs"
Tuesday, 02 September 2008

Employees in small businesses are the most satisfied at work, new statistics have revealed.

Credit Crunch Ushers in Corporate "Law of the Jungle"
Tuesday, 02 September 2008

Many large organisations are reverting to the 'Law of the Jungle' to ensure they survive the effects of the credit crunch.

Buy-to-let lending on the decline
Tuesday, 26 August 2008

New buy-to-let lending declined in the first half of 2008, with the sector affected by the same conditions
constraining the wider mortgage market, according to data just released.

Government urged to reduce red tape on training
Tuesday, 26 August 2008

Small businesses could suffer if the government force them to consult with the workforce on training, according
to a small business federation.

Poor payment practices getting worse
Tuesday, 26 August 2008

Small businesses are struggling to cope with an increase in poor payment practices, as the credit crunch shows no signs of abating.

UK economic growth at a standstill
Friday, 22 August 2008

UK economic growth has ground to a halt between April and June, according to the latest official data.

Late payments are on the increase
Friday, 22 August 2008

UK businesses now settle bills nearly four weeks beyond agreed terms, according to new figures from a global
information services company.

Surprise gain in UK retail sales
Friday, 22 August 2008

UK retailers defied predictions of another monthly sales slump in July despite pushing up prices, according to official figures.

Top business excuses for late payment
Friday, 15 August 2008

A major credit insurer as released a list of the top ten excuses for non-payment, as the global economy continues to suffer, leading more businesses to try and pay late.

Insolvent director imprisoned for taking credit
Friday, 15 August 2008

A Kent-based kitchen fitter who took nearly 30,000 in deposits from customers but failed to complete their kitchens has been jailed for bankruptcy offences after prosecution by the Department for Business.

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