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Our construction industry is an integral cog within our economy and if figures continue to read so poorly, then we are running the risk of causing irreversible damage to the sector. Recent survey data conducted across UK construction industry professionals has lifted the lid on the dire state the industry is now in as a result of …
The UK Government has published its most recent review into business payments and cash flow. The review, published in November 2023, calls for greater and more transparent reporting for businesses in an attempt to reduce the threatening late payment culture. The report details the context surrounding late payments on UK businesses and the impact it has on …
UK Government’s Review on Payments and Cash Flow a ‘Step Forward’, According to Know-it Read More »
2023 has earned unwanted recognition as the most challenging year for UK businesses since 2009, in the wake of the global financial crisis. The latest insolvency figures show that between July and September, there were 6,208 registered insolvencies across England and Wales. A 10 per cent year-on-year rise is troubling reading for UK business owners. …
Technology crucial amidst 14-year high company insolvency rate Read More »
Know-it, the all-in-one credit control solution, is making waves once again with the release of their new mobile app Know-it users will receive live credit management updates via the app so they are always kept in the know. The app will notify users for things such as changes to a customer’s credit report, alerts to …
Automated Credit Control Platform Know-it Goes Mobile With A Brand-New App Read More »
KNOW-it, the all-in-one credit management solution, has announced the appointment of Phil Hobden as its Head of Strategy and Growth. As an expert in the fintech field and a well-known name within the UK accounting industry, Phil brings over 15 years of experience, strategic vision, and passion for business growth to the team at Know-it. …
The ongoing late payment threat facing UK businesses is now so bad, it has caught the attention of Westminster. According to recent polling, almost two-thirds (65%) of MPs support the introduction of a compulsory Prompt Payment Code (PPC) to protect small and medium-sized enterprises’ (SME) cash flow. As it stands, the Prompt Payment Code (PPC) remains …
MPs are Waking Up To Late Payment Culture Threatening The SME Community Read More »
The ongoing late payment threat facing UK businesses is now so bad, it has caught the attention of Westminster. According to recent polling, almost two-thirds (65%) of MPs support the introduction of a compulsory Prompt Payment Code (PPC) to protect small and medium-sized enterprises’ (SME) cash flow. As it stands, the Prompt Payment Code (PPC) remains …
MPs are Waking Up To Late Payment Culture Threatening The SME Community Read More »
The ongoing late payment threat facing UK businesses is now so bad, it has caught the attention of Westminster. According to recent polling, almost two-thirds (65%) of MPs support the introduction of a compulsory Prompt Payment Code (PPC) to protect small and medium-sized enterprises’ (SME) cash flow. As it stands, the Prompt Payment Code (PPC) remains …
MPs are Waking Up To Late Payment Culture Threatening The SME Community Read More »
The ongoing late payment threat facing UK businesses is now so bad, it has caught the attention of Westminster. According to recent polling, almost two-thirds (65%) of MPs support the introduction of a compulsory Prompt Payment Code (PPC) to protect small and medium-sized enterprises’ (SME) cash flow. As it stands, the Prompt Payment Code (PPC) remains …
MPs are Waking Up To Late Payment Culture Threatening The SME Community Read More »
The UK construction industry is a sector which relies on ‘sustained periods of economic growth for it to succeed. But recent years of political and economic uncertainty have taken its toll on the sector and is now being reflected through rising insolvencies. Recent insolvency figures show UK construction firms are going insolvent at the fastest rate in …
Construction Sector Must Embrace Technology to Avoid Threat of Insolvency Read More »
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