Saturday 06th February 2016

Warning on danger of late payments to region’s economic health

The Eastern region branch of  R3 is warning of the risks that delayed invoice payment poses to the health of the region’s economy . Despite recent efforts to improve business practices covering the timely payment of suppliers, it said the supermarket giant Tesco is by “no means alone in not implementing the necessary invoice payment procedures.”

R3 Eastern chairman Frank Brumby said:  “Research carried out late last year by R3 found that around one in seven East of England businesses were owed payment on invoices that were more than 30 days past their due date.  With a further...

Read more...

Commercial property rents set to rise as demand grows

Confidence in the region’s commercial property market remains strong and rents in the East of Eng...

Record year at Port of Ipswich

Record year at Port of Ipswich

ABP Port of Ipswich had a record year in 2015 helped by a buoyant agriculture and construction-rela...

Concerns over upturn in financial distress in the region

Cambridge has seen a 15 per cent in the number of businesses in ‘significant’ financial distres...

New innovation showcasing event

New innovation showcasing event

A new innovation showcasing event Venturefest East at the Rowley Mile Racecourse in Newmarket on May...

 

Brighter economic prospects in Cambs

Cambridgeshire businesses say trading prospects have improved over the past six months with most expecting to increase profits and take on more staff by the year-end, s...

More: