A new report has brought into question the effectiveness of the Government's attempt to stimulate lending to small businesses, revealing that nearly half of Britain's SMEs are concerned about cash flow over the next year.
The survey of 451 companies with a turnover of over £50,000 also showed that 46% had recently suffered at least one disruption to their cash flow, mainly due to customers being late or unable to pay their bills. “Cash flow clearly remains a huge challenge for thousands of UK businesses,” said Marcelino Castrillo, head of…
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