Managing credit insurance through the COVID 19 Crisis – part 2
This post is about credit insurance policy compliance and a change to the nature of your business during COVID-19.
This post is about credit insurance policy compliance and a change to the nature of your business during COVID-19.
We are living through a time of unprecedented uncertainty and, as yet, with no clear end to the crisis nor any clear way out of the lockdown. There is a flood of information coming at all of us so this is an attempt to explain in brief what is happening in the credit insurance market AS AT[...]
For many businesses the outcome of the media reaction to the Coronavirus outbreak has become a bigger threat than the virus itself. It has been hard to avoid the media saturation of fears versus fiction, and financial markets have suffered losses across the globe as a result.
Atradius’ Market Monitor food report has detailed the financial state of the UK’s food & beverages sector for 2019.
Construction News has reported on the financial state of the construction sector for 2019, reflecting on the industry’s most notable insolvencies.
The Specialist Engineering Contractors’ Group (SEC) has suggested 2019 will be blighted by more insolvencies than in the previous year, and are set to top the 3000 mark. In a report by Construction News they are urging Government to deal with “payment abuse and malpractice” and to resolve late[...]
If you have clients in Greece, then there is some ‘official’ good news!
If you run a business, it goes without saying that you will always be looking for ways in which to promote its growth. This might be through entering into new markets, taking on new clients, or simply expanding your team.
More trade credit insurance policies are being taken out, says Reuters, revealing that insolvencies across the UK are at their highest level in five years. Government figures indicate an increase of 12% in insolvencies in the second quarter (2019) compared to a year earlier.
While we’re seeing a real appetite for business growth along our clients, the national trend for business insolvency is up – with the UK facing the highest rate in Western Europe. This is putting pressure on supply chains – and customers that already have weak-performing businesses are[...]