by Shilling Group | May 22, 2025 | Shilling Summary
OUTLOOK SMEs could ‘unlock £78bn’ by using AI City AM A report commissioned by Microsoft and consultancy WPI Strategy suggests that SMEs could unlock up to £78bn for the economy over the next decade through greater adoption of generative AI. Analysis by the Federation...
by Shilling Group | May 21, 2025 | Shilling Summary
OUTLOOK Insolvencies climb 3% in April The Independent City AM The Times Data from the Insolvency Service shows that registered company insolvencies hit 2,053 in April, marking a 3% increase on March’s total but a 5% decline compared to April 2024....
by Shilling Group | May 20, 2025 | Shilling Summary
TAX Tax payments delayed as costs climb City AM Data from HMRC suggests that businesses may be delaying tax payments, with figures showing that firms owed up to £29bn in unpaid corporation tax, VAT, and National Insurance in February. This comes with businesses having...
by Shilling Group | May 19, 2025 | Shilling Summary
FINANCING Access to finance remains below pre-pandemic levels The Times The indebtedness of businesses seeking finance has more than doubled compared to pre-pandemic levels, according to a report by Funding Xchange. The study reveals that the average debt-to-turnover...
by Shilling Group | May 16, 2025 | Shilling Summary
ECONOMY Growth exceeds expectations in Q1 Sky News BBC News Financial Times City AM The Independent Office for National Statistics (ONS) data shows that the economy grew in the first three months of the year, with GDP increasing by 0.7%. The increase marks a...