Pickford’s the UK’s largest and oldest removal firm are facing a financial crisis that could threaten 1300 jobs. The company is trying to sell some or all of its business to secure funding to pay staff and creditors.
Pickford’s has been hit by the slowdown in the UK housing market and has already had a cash injection from [...]
UK Business News
Entries from February 2008
Pickfords in cash crisis
John Williams - Wednesday 13.02.08, 12:13pm
Tags: UK Economy
A Nation of Shopkeepers?
John Williams - Tuesday 12.02.08, 14:52pm
Recent research has revealed that in the UK, Family businesses account for 65% of private sector companies and an amazing one in three jobs.
The report from the Institute of Family Business (IFB) says that Family run businesses also account for 30% of the UK GDP.
There are a staggering 3 million family run businesses in the [...]
Tags: IFB · UK Economy
UK Business confidence low
John Williams - Monday 11.02.08, 13:48pm
UK business owners are set for a tough year ahead, with a recent survey showing that business confidence has dropped to its lowest level since 2003.
Over 40% of business owners expect to have to make redundancies during the coming year, but surprisingly few are expecting a full blown recession. Redundancies will be made in order [...]
Tags: UK Economy
