I have avoided contentious or political posts so far but cannot sit on my hands over this one. Yesterday I received an email from QinetiQ – as a “valued supplier” (sic) – saying that their standard payment terms have been increased to 60 days from 30 and that “this change is in line with the …
It really does seem that the UK is coming out of recession. Today’s PMI (Purchasing Managers Index) figures show a robust January for the manufacturing sector with the strongest figures since 1994. Since manufacturing forms a significant part of GDP, this implies that business conditions generally are improving. That is very welcome news but concerns …