Record savings aren’t helping British business

Record savings aren’t helping British business

More money is sitting in British bank accounts than at any point in history. Household deposits crossed £2 trillion in 2024 and have continued to rise. Savings ratios are at their highest since 2015, excluding the pandemic spike. By almost every measure, the British...
SME bad debt rise kills confidence

SME bad debt rise kills confidence

UK SMEs are battling a sharp rise in bad debts at a time when wider business confidence remains fragile. Cost pressures, particularly labour, weigh heavily on the outlook and two new surveys point to an increasingly cautious environment with cashflow risk spreading...
Stricken truckers face new cost crisis

Stricken truckers face new cost crisis

The blockade in the Strait of Hormuz has grown into a major logistical and fuel crisis for the global supply chain. Closer to home, those in charge of the ‘final stretch’ are facing new pressures, just when things seemed to have stabilised. The UK haulage sector is...
NCP’s lessons for landlords and tenants

NCP’s lessons for landlords and tenants

The recent administration of National Car Parks (NCP) provides a stark reminder of how lease structures can move from a background consideration to the central cause of distress. Once seen as a resilient, cash-generative model, the 95-year-old NCP, which grew taking...