
Small business revenue drops by 28% during lockdown
Accounting platform, Xero, has reported that SMEs have seen a significant drop in revenue during April and May, compared to
Accounting platform, Xero, has reported that SMEs have seen a significant drop in revenue during April and May, compared to
The Prompt Payment Code (PPC) was established in December 2008 and is a voluntary code that sets the standard for
According to data provided by Creditsafe, May saw 35 construction companies fall into administration. This is a considerable jump from
At a time when all businesses are facing increased pressure on cash flow, the Small Business Commissioner’s appeal to big
We have previously reported how SME’s in the UK are wasting hours chasing late payments and how they are impacting
A recent study by Sidetrade, a B2B artificial intelligence platform, has found that since 11th March 2020, the UK has
On Thursday 23rd April, the UK Government announced their plans to bring forward emergency insolvency legislation. Commercial property landlords have
It is well known that SMEs across the UK are chasing more than £50bn in late payments. Reaching the payment
We understand that due to the current COVID-19 situation, recruitment agencies who serve industries impacted by the pandemic are finding
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