Values plummet in the Fresh Produce sector as the bad news keeps rolling in
If ever there was a market that has had to navigate unrelenting turbulence over the past few years it’s the UK Fresh Produce industry.
If ever there was a market that has had to navigate unrelenting turbulence over the past few years it’s the UK Fresh Produce industry.
With 1 in 4 care home workers poised to leave their jobs in the next 12 months, the hiring crisis in the sector is getting worse. The problem is already starting to spill over into the public sector with hospital beds blocked by infirm patients left with nowhere to go. Amid the cost of living crisis and near full employment, workers are telling their employers they simply cannot exist on the wages on offer in the sector.
The enormity of the destruction COVID-19 has wrought across many parts of the UK economy is becoming increasingly apparent. At some point in the near future, the pandemic crisis will force all company leaders to ask, “What sort of business do we want to be?”.
Last week the American Retail giant Toys R Us, Inc filed for bankruptcy in North America to help restructure its debts.
The UK construction industry has narrowly avoided a recession by recording growth of 0.6% in Q3. This comes after the 1.2% decline in the previous quarter which had stoked fears that this bellweather of the UK economy was entering its first recession since the financial crisis.
As the UK economy flirts with recession, Plimsoll has taken a look at 5 large markets that are struggling for growth:
Recent history has held a mirror up to many businesses large and small and in a broad spectrum of markets. The mirror has revealed weaknesses in many business models. Paradoxically, it has also revealed unprecedented opportunities and a one-off chance to reset corporate goals.
If you’re thinking about an acquisition sometime in the future, there’s no better time than the present to start planning about your approach. The key to buying another company is to do your homework, assess every possible option and build yourself a credible shopping list. So many people don’t follow those basic principles and, ultimately, their acquisitions fail to deliver the expected returns.
With the UK being the only European country to see declining used car prices during 2022 and demand for new cars only just starting to stabilize after recent downward pressures, what next for the UK’s leading dealerships?
Considering the slew of negative business news over the past 18 months, there has been a real dearth of corporate failures hitting the headlines recently.