Welcome to the June edition of the Dee Commercial Finance newsletter!
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New analysis reveals the importance of SMEs to the British economy
New research reveals how important small and medium enterprises are for the British economy, as businesses that employ between one and 249 employees contribute more than £2tn in turnover and employ 44% of the British workforce.
Demand for holiday lets stronger than ever
Various pandemic-fuelled revelations have shaped the past couple of years, from the so-called ‘death of the high street’, to the realisation that remote working could be a reality. For buy-to-let investors, some of these trends, such as the purported exodus out of London and other cities have proven little more than a flash in the pan.
Fifth of UK SMEs halt growth and investment amid economic pressures
One in five (20%) UK SMEs are planning to halt growth, investment and finance ambitions as they navigate financial pressures, the Association of Chartered Certified Accountants (ACCA) and the Corporate Finance Network (CFN) SME Recovery Tracker found.
Bridging borrowers have never had it so good
Everywhere you look, there are warnings that not only are things tough at the moment, they are only going to get tougher. Recently, the Bank of England said that inflation is possibly going to hit 10% this year, but there’s not a lot it can do about it. In the context of these challenges, it’s all the more impressive that the bridging market is performing so well currently.