Small business owners hold on to cash for Brexit

Small business owners hold on to cash for Brexit

Small businesses across the UK have increased the amount of cash they hold in current accounts by over 78% over the past two years in anticipation of a Brexit fueled credit crunch. The hoarding reflects growing fears over the economy and a desire to have cash assets...
Acquisition activity suppressed by market uncertainties

Acquisition activity suppressed by market uncertainties

More than half of UK companies are said to be holding off mergers and acquisitions as market uncertainty causes a risk aversion. Chief amongst factors causing the uncertainty is Brexit and current risk appetite levels are the lowest since the financial crisis of 2008....