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Commercial Credit News
Call to extend VAT relief scheme to ease payment pain for struggling firms
Thursday, 27 November 2008

A business lobby group has said that more businesses in the UK should be eligible to join the Cash Accounting Scheme (CAS) and defer paying VAT until they are paid themselves.

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Late payments top problem poll
Friday, 14 November 2008

Despite the attention being placed on how much money banks are lending to small businesses, a poll by UK Business Forums has revealed it is tackling late payment which entrepreneurs think the government should make their top priority.
 

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Commission to overlook SME lending
Friday, 14 November 2008

Business secretary Peter Mandelson has announced the creation of a new panel to monitor how banks are lending to small businesses. 

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Call to extend VAT relief scheme to ease payment pain for struggling firms
Tuesday, 11 November 2008

A business lobby group has said that more businesses in the UK should be eligible to join the Cash Accounting Scheme (CAS) and defer paying VAT until they are paid themselves.

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Sales Monitor shows worst sales figures for three years
Tuesday, 11 November 2008

UK retail sales values fell 2.2% on a like-for-like basis, from October 2007, when they had risen 1.0%, according to the latest BRC-KPMG Retail sales Monitor.

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Banks promise to help business through bad times
Tuesday, 11 November 2008

The UK's leading banks are committed to helping Britain's businesses to weather the economic downturn, according to the British Bankers Association (BBA).

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SME manufacturers cutting staff for the first time in eighteen months
Tuesday, 11 November 2008

Small and medium-sized manufacturers (SMEs) are cutting staff for the first time in eighteen months, as demand for UK made goods at home and abroad weakens.

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Accountants are preferred source of financial advice for SMEs
Tuesday, 11 November 2008

New research just released, has revealed that, in the UK, small firms trust their accountants more than their bank managers when it comes to seeking financial advice. 

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Many UK businesses exploring alternative forms of finance
Tuesday, 04 November 2008

Recent research by an invoice and asset based lender has shown that many businesses which have been refused credit are exploring alternative forms of finance.

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Government 10 day pledge to small businesses may prove impractical
Tuesday, 04 November 2008

The Government's recent pledge to ease small firms cashflow problems through paying trade invoices in 10 days rather than the usual 30 days, requires urgent action, warns a commercial credit agency.
 

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Give small businesses a slice of £4bn 'now'
Tuesday, 04 November 2008

A campaign pressure group for small businesses has unveiled an innovative proposal to ensure the Government gets new funds to small firms straight away. 

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