SME financing tightens as rising rates and weak growth limit appetite
Finance liquidity for SMEs in the UK are dwindling over the course of this year. Elevated inflation, diminishing government support, and banks’ ongoing loan book rationalisation have combined to constrict access to financing for SMEs.
Automotive: Supply back on track
Automakers increased production to meet pent-up demand in the first half of 2023 as supply chain issues eased.
New vehicle sales have been stronger than expected due to robust fleet sales and the continued resilience of buyers, with more electric vehicle choices on the market than ever.
Britain’s underperformance in goods exports intensifies as further obstacles loom
The UK’s international trade volumes continued a trend of incremental decline in May, according to the latest ONS data, as British companies struggle to increase goods sales overseas. Imports exceeded exports by almost £20bn in May, as the long-running goods trade deficit deteriorates again after a short-lived improvement in April.
Winning the UK’s inflation battle will require more than just interest rate hikes
The UK is grappling with one of the most stubborn inflationary challenges worldwide, exacerbated by labour market dynamics and declining real wages which will require structural reforms to bolster Britain’s productive potential and reverse the weak growth outlook.
Difficulties mount for the UK’s once world-renowned textile industry
The UK textile industry is absorbing a multitude of sector-specific headwinds alongside macro and geopolitical disruptions and the knock-on effects from retail sector weakness, which is impacting profitability and financial sustainability for many firms in the sector.
The rise of sustainable transport: opportunities and hurdles for the UK auto retail industry
The global transition to sustainable transport offers various benefits, including cost savings for drivers, and thousands of highly skilled clean jobs across battery production, electric motors, power electronics and supply chains.
BTGGA Announces Further Expansion In Israel With The Appointment Of Gissin & Co., Advocates
BTG Global Advisory (BTGGA), a leading international business and financial advisory network, is pleased to announce the admission of a new member firm, Israeli law firm Gissin & Co., Advocates (Gissin), further extending its global footprint and presence in the Middle East.
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