Managing Economic Uncertainty

“As we continue to emerge from the pandemic, the local, national and global economies are facing a challenging future with rising inflation and interest rates. Global stock markets are in decline after having done well since the pandemic first began.

Closer to home, households are facing significant price rises in pretty much everything from fuel to tomatoes.

This has inevitably started to impact businesses, many of which have little, if any, reserves left to face challenging times. Economic forecasters suggest things will get worse before they start to improve.

Alongside this backdrop, many businesses are facing challenges with their people, with high sickness rates and ongoing implications from Covid related illnesses.

What should businesses be doing to protect themselves, their people and their customers?

The UK200Group, of which we are proud members of have produced this handy guide to help businesses focus and act upon key areas.

From prioritising debt and cash flow, to being highly communicative with your people, your customers and your suppliers, this guide provides you with a helpful action plan that will enable you to focus on and act in the 3 key areas.”

Sam Lyon, Head of Corporate and Commercial.

Always At Your Side

These continue to be challenging times and we want you to know that we are here, ready and able to help.

If you are looking for guidance and advice that is specific to your business and circumstances, please contact Sam on 01228 585716 or click here to send him an email.