SMEs struggle with late payments and bank borrowing – survey

Two-FIFTHS of SMEs across the UK and Ireland struggle with customers not paying their invoices on time, according to the latest Close Brothers Business Barometer. This in turn has a negative impact on cash flow, with time and money spent chasing payments instead of...

Pickets won’t resolve issues in meat sector

The stand-off between farming organisations and the beef industry in recent weeks has been an interesting spectacle. Behind the headlines there are a number of uncomfortable truths and it will require much more than pickets to change them. It is a fact that Irish...

IMF and World Bank warn of ‘peak trade’

The study seeks to answer what has been one of the most perplexing questions facing economists in recent years: does a continuing slowdown in the growth of international commerce mean globalisation has peaked? For the past two years world trade has expanded more...

Datalex enjoys 15% jump in transaction revenue

Travel software firm Datalex enjoyed a 15 per cent jump in transaction revenue during the four months to October. In a trading update, the company, which is backed by businessman Dermot Desmond, said it anticipated adjusted earnings before interest, taxes,...