Welcome to the October edition of the Dee Commercial Finance newsletter!
Whatever your Commercial Funding requirement, Dee Commercial Finance can offer you a Free, impartial and totally confidential initial consultation – Where we will quickly assess the funding options available to you!
Please contact us on 01244 432 360 to see how we can help or submit an enquiry form here.
How can property investors protect themselves from a declining market?
Over the last decade, many property investors have been making hay while the sun shines and have seen more than favourable returns on their investments as the value of new homes accelerated. However, with dark clouds beginning to form and the financial climate looking more gloomy, how can they safeguard against the uncertainty that lies ahead?
Businesses set to innovate out of looming recession
According to a recent survey by ForrestBrown, over a half (55%) of chief innovation officers in a range of sectors anticipate that they will increase their investment in innovation if a recession occurs in the next six to twelve months. Many also reported taking the same approach during the economic upheaval caused by Brexit with two fifths (41%) of businesses stating that Brexit caused them to increase their investment in innovation.
The impact of late payments on small businesses
New research shows that half of invoices issued by small businesses are paid late. Could stricter penalties and more transparency in regulation and reporting make a difference? Small businesses have long suffered from suppliers paying them late, but mounting economic challenges including rising inflation and the falling value of the pound are only serving to aggravate the problem.
Inflation hits 40-year high
Office for National Statistics (ONS) data shows that inflation has returned to a 40-year high seen in July, rising to 10.1% in September from 9.9% in August. Soaring prices for food and drink were the biggest driver behind the latest cost of living increase, with an annual rise of almost 15%.