FinanceWeek.co.uk's Business Finance Survey: Results in

Posted by admin in on Mon, 08/03/2010 - 15:29

FinanceWeek.co.uk’s huge Business Finance Survey has now closed. Over 450 respondents completed the survey, providing a fascinating snapshot of how UK businesses are dealing with their finance and cashflow issues, and how they plan to meet the challenges in the year ahead. One of the main worries for respondents currently appears to be their customers’ reluctance to part with their money given the current climate. However, the majority people said they expected their performance this year to be at least in line or better than 2009. 

 
The results will form the basis of FinanceWeek.co.uk’s Business Tools whitepaper which will be published in April. The paper will also look at key trends and concerns businesses are facing this year, as well as offering expert finance advice and insight into how businesses can capitalise on available funding. 
 
Thank you to everyone that took the time to fill in the survey. In return for your time you were entered into a prize draw to win a Samsung N130 laptop. We can now reveal that the winner is Trish Howell from TBR. Congratulations Trish. 
 

The Bottom Line:If Mr Cable has his way...

"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more

Links