Businesses in the UK, and globally, have had to deal with many headwinds and forces of change in the past few years. After nearly a decade and a half of “ZIRP” (zero interest rate policy), and now in the face of rapidly rising financing costs, many companies are having to reassess their business strategies amid a major shift in the economic regime. You’ll quite often hear companies complain of the rising cost of doing business – and they’re not wrong. Interest rates are much higher, and hence so is the cost of capital. In addition, labour shortages are commonplace, as is high staff turnover. Meanwhile, companies are ... (full story)