Cash management challenges remain, despite the ‘end’ of the recession

  • ONS figures show UK recession at an end
  • Businesses need to 'wake up' according to the Association of Corporate Treasurers
  • Long term effects will be felt within the banking sector for years to come
The effects of the recession on the way businesses are funded are set to continue.   The UK economy is out of recession, according to figures from the Office of National Statistics (ONS) released this week, but the economic landscape will never be the same again. Now is the time for businesses to wake up and start planning alternative funding strategies for the future, argues Gerry Bacon, president of the Association of Corporate Treasurers (ACT).   “People need to wake up to the fact that the world has changed.

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