The pressure on UK manufacturers to increase the amount of cash they have tied up in working capital has hit record highs in recent months, according to a new report from Lloyds Bank Commercial Banking.
There are grants and support available from local councils and other central government initiatives, but they are often fairly restrictive – confined to regions or specific products. Sustained growth in the sector and the fall in the sterling exchange rate, which has led to rising input costs and prompted many firms…
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