Category: Commercial

More than half of SME owners relying on ‘emergency funds’ to fix late payment woes

More than half (56 per cent) of UK small and medium-sized enterprise owners have been forced to use personal or ‘emergency funds’ to plug gaps in their cash flow caused by unpaid invoices.

UK commercial property market boosted by ‘tech company boom’

In recent months, activity in the UK’s commercial property market has been boosted by the arrival of a number of leading tech companies to London and other key UK cities, commentators have said.

Commercial property lending up by more than a quarter

Commercial property lending increased by more than a quarter (27 per cent) in the first half (H1) of 2018, a new analysis reveals.

Demand strong for UK commercial property

Demand for UK commercial property remains strong despite the political and other challenges the market appears to be facing in the months ahead.

Apply now for Government loans worth up to £1 million

Entrepreneurs which are ready to take their product to the market can now apply for a Government-backed loan up to the value of £1 million.

Small business owners call for late payment culture change

Just half of the invoices sent during 2017 by micro-firms were paid on time or within three days of payment deadlines, new research has revealed.

‘Phoenixed’ company wound up in High Court

A ‘phoenixed’ company has been wound up just days after the Government announced a crack down on directors who deliberately liquidate companies to avoid their liabilities.

Gender pay gap reporting should be extended to SMEs, say MPs

All organisations with more than 50 employees should be forced to publish details of what they pay their male and female workers, it has been suggested.

Proposed laws to remove legal effect of contractual restrictions on invoice receivables

Proposed legislation presented to Parliament this week will stop large organisations placing unfair contractual restrictions on smaller suppliers.

Network Rail to ‘sell-off’ £1.46 billion worth of commercial property

In recent days, Network Rail has unveiled plans to downsize its substantial commercial property portfolio by ‘selling off’ as many as 5,200 commercial units.