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Improving economy not good for everybody

All signs this week see the economy improving with a return to positive inflation figure and the volume of companies that entered administration during the first quarter of 2015 has fallen to around 432, a decline year-on-year of 16.9%

The good feel factor of our improving economy is currently on hold.  As both businesses and banks are holding back on decisions until after the election. Politicians have little grasp of how disruptive elections are to businesses and their plans.

There has been much written recently about whether family businesses could take on more debt to aid their growth, as the economic climate improves and the cost of borrowing is historically low. The key issue for most family businesses is to maintain control.

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