Thanks to an article on Insider News last week, we already know that UK businesses are looking at a hard year ahead. According to Begbies Traynor, UK businesses across all sectors are currently suffering from heightened levels of financial stress.

At an average of a 17% increase in the numbers of businesses reporting significant financial distress, the sectors include some of the UK’s brightest lights with manufacturing, business services, consumer businesses and construction & housing sectors all facing hard times.

Fortunately, there are things that can be done to alleviate these symptoms and our teams can help. ERA’s approach helps your business to minimise any potential financial distress by freeing up cash hidden inside current overspend. We analyse indirect spending across a range of areas, then leverage our expert knowledge, supply chain influence and spending power to generate sustainable savings without compromise to your goods and services, and often without changing suppliers.

Please contact us for more information.