SME lending on the rise, but UK businesses still owe HMRC £1.8 bn
Lending to small and medium sized businesses across the UK has dropped by over £2 billion in 2015, but early indicators in 2016 reveal an uplift in lending and SME confidence according to the SME Growth Watch Report. Even so, cash flow problems plague the nation; SMEs now owe HMRC £1.8 billion in late corporation tax. What does this mean for 2017?
Financial Management