Why credit ratings don't tell the whole story
No salesperson ever lost their job by walking into their finance department with a credit report on their big new customer and saying, “their rating looks solid enough, let’s sign them up”.
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No salesperson ever lost their job by walking into their finance department with a credit report on their big new customer and saying, “their rating looks solid enough, let’s sign them up”.
From crippling energy costs to distribution shortages and a dearth of available staff to manage the new post-Brexit trade barriers into key markets, who would be a food manufacturer in 2022?
The legal sector has changed significantly in the past five years as a result of the pandemic, Brexit, and ever-changing technological advances.
Say it quietly and with a healthy dose of caution, but good news really does appear to be finally on the horizon for the UK economy, its businesses, and stakeholders.
As the world recovers from the last two years, companies are planning for the future. Board rooms across the planet are assessing their business’ standing in the aftermath of COVID-19 and, more importantly, deciding what their next strategic move is.
Despite the UK government announcing further easing of lockdown restrictions, early data suggests the UK economy is set for an “incomplete V” recovery. UK businesses cannot sit back and wait for their fortunes to improve with rising economic tides. Those that set their strategic stall out early will be those most likely to face what could be a bumpy road back to “normal”.
Almost half of the world’s leading Passenger Airlines were in financial danger BEFORE the coronavirus exploded out of a Wuhan seafood market and spread around the world, according to new research from market analysts Plimsoll.
The UK economy is at something of a crossroads. There are a host of complex, multi-faceted challenges the country faces as we emerge from what has been a period unlike any other in memory.
UK car manufacturing has faced significant challenges in recent years, with production dropping to its lowest levels in decades due to the COVID-19 pandemic and the uncertainty surrounding Brexit. However, there are reasons for optimism in the industry.
Leading figures in the paper and board market are increasingly concerned about being able to continue production in the UK as the energy costs and the price of timber remain impossibly high. Andrew Large, director-general of the Confederation of the Paper Industries, recently warned the government that without urgent action a ‘nightmare scenario’ of factory stoppages is a real possibility.