At the Business Sale Report we've seen an increase in the number of business administrations in recent years as the difficult economic conditions that have continued after the recession refuse to lift.
It appears that the Bank of England doesn't hold out much hope for change any time soon, as the Bank's governor, Mervyn King, has said that he doesn't expect inflation to return to target until the second half of next year, while the annual growth forecast has been cut from one per cent to 0.8 per cent.
Chris Williamson, chief economist at financial data company Markit, told AP that the Bank's long term view may still be "too optimistic". The financial institution had predicted growth of 2.7 per cent next year, compared to the three per cent it forecast in the February report.
Mr King remarked that the bigger picture is "of a gradual recovery in output, and of subdued domestic cost pressures meaning that inflation is likely to fall back as external influences fade".
The recovery is being hampered by global problems, such as the troubles facing the eurozone at the moment as Greece struggles to settle on an accepted plan of recovery. While these issues continue, the wider view of the UK economy will remain uncertain, potentially hampering investment.
This results in a number of businesses faltering, especially those that require state investment or are operating with small margins. We reported this week, for example, on the administration of the Warehouse Theatre in Croydon, which fell victim to the art sector funding cuts from central government.
Such closures mark a poignant turnaround in a company's fortunes, but for the right investor, they can provide an exciting new future project that, with the right business acumen and support, can be transformed into a new model of success.
A leading engineering firm focusing on electric power steering solutions and bespoke wiring harnesses serving various industries. It operates as two entities both reputable for maintaining high standards and offering bespoke solutions for clients. In...
Market-leading fruit and vegetable supplier distributing fresh produce and complementary goods both wholesale and D2C. The companys uncompromising drive for customer satisfaction has built strong relationships with across an enviable client base incl...
Turnkey construction services provider completing a range of projects with expertise across maintenance general refurbishment new build and conservation including work on listed buildings. The company provides full-service construction works utilisin...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.