More than 1.4 million businesses¹ in the UK have taken advantage of the government-guaranteed loans (worth over £62 billion) to support their cashflows during the coronavirus crisis. This is effectively “free money” for a 12 month period. In addition, many have used the C-19 Job Retention Scheme to ensure the very survival of their business […]

We are often asked this question; usually phrased something like: “I already have a Financial Controller who manages the data entry and provides good management information and I have my accountant when needed – so why do I need a CFO and what can they add?” So, what value does the right CFO bring to […]

Just before Christmas we learnt that the recently re-elected Conservative government will in April 2020 be raising the National Living Wage (NLW) by 6.2% to £8.72 per hour. To put this in perspective, this is 4 times the current rate of inflation. The driver of this is cited as pay stagnation – and many of […]