Tag: recession
British SMEs ‘Owed £67 billion in Unpaid Invoices’
The small and medium sized enterprises (SMEs) across the UK are currently owed a combined total of £67 billion in relation to unpaid invoices. These figures...
British Chambers of Commerce Slashes UK Growth Rate
The forecast for economic growth for 2012 has been slashed from 0.6% to 0.11% by the British Chambers of Commerce.
UK Economy Has Re-Entered Recession
The UK economy has re-entered recession after shrinking by 0.2% in the first quarter of 2012.