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Economic survey results are worst on record
Tuesday, 13 January 2009

The British Chambers of Commerce (BCC) is today publishing its Fourth Quarter Economic Survey. Nearly 6,000 businesses, employing over 680,000 people, responded. 

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AP Driveline Technologies Limited in administration
Tuesday, 13 January 2009

David Bennett, Colin Haig and Matthew Hammond of PricewaterhouseCoopers LLP were appointed joint administrators of AP Driveline Technologies Limited on 12 January 2009.

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UK Trade Deficit widened to 4.5 billion in November
Tuesday, 13 January 2009

The UK's deficit on trade in goods and services was £4.5 billion in November, compared with the deficit of £3.9 billion in October (the same as originally published). 

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Beleaguered retailers face 7 billion property cost battering
Monday, 12 January 2009

Government proposals could push the beleaguered retail sector's business rates bill up to £7 billion by 2010/11. Government proposals could push the beleaguered retail sector's business rates bill up to £7 billion by 2010/11.

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MEGA has been named by Forrester Research as a leader
Monday, 12 January 2009

MEGA, the company that provides leading enterprise architecture (EA) and business process analysis (BPA) solutions, has been named by Forrester Research as a leader in its January 2009 report, 'The Forrester Wave': Business Process Analysis, Enterprise Architecture (EA) Tools, and IT Planning, Q1 2009.

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Profit warnings by UK-listed firms hit seven-year high
Monday, 12 January 2009

Profit warnings by UK-listed firms hit a seven-year high in 2008, according to a survey published on Sunday. Ernst & Young said profit warnings last year totalled 449, the highest yearly figure since 2001 and 17 percent higher than 2007.

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FSB launches Five Point Plan to create 400,000 new jobs
Monday, 12 January 2009

The Federation of Small Businesses (FSB) today launched its blueprint for tackling rising unemployment with a plan to create 400,000 new jobs.

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Manufacturing slumps at fastest pace since 1981
Friday, 09 January 2009

Factory output slumped in November at its fastest annual pace since 1981, increasing the likelihood that the economy shrank sharply at the end of 2008 and faces a deep recession in 2009. 

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More bankruptcies predicted in auto industry
Thursday, 08 January 2009

KPMG’s 2009 survey of the global automotive industry says that senior executives expect more companies will go out of business – as revenues and profits continue to fall. Optimism reported a year ago has now been deferred, if not abandoned. In established markets, sales expectations continue to fall, investments are being reviewed and some very large auto companies are close to insolvency.  

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FSB responds to interest rate cut
Thursday, 08 January 2009

The Federation of Small Businesses (FSB) has today welcomed the Bank of England's Monetary Policy Committee's latest interest rate cut but has warned that the real worry is not just the cost of finance but access to it. 

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More pressure on banks to lend to small businesses
Thursday, 08 January 2009

A third of small businesses surveyed in the Forum of Private Business’s (FPB’s) latest Referendum poll of members actively sought finance during the last quarter of 2008. However, despite the Government’s high-profile bail-out and pressure on banks from the FPB, almost half were either partially or completely rejected by UK lenders.

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