0808 1644 222

BCC survey suggests UK infrastructure ‘less reliable’ than five years ago

April 4, 2018     |     Posted by:     |     Category: Blog

The UK infrastructure continues to be a barrier to growth for businesses, and a recent survey by the British Chambers of Commerce (BCC) has provided some clarity as to just how much.

Commenting for BCC, Jane Gratton, Head of Business Environment, said: ‘Businesses rely on the road and rail networks to connect with customers, suppliers and staff. It’s concerning that many businesses believe reliability has worsened in recent years, particularly on the road network.”

Results from the survey, which polled over 1,100 UK businesses, found:

Just 17% of those surveyed thought the rail network had actually become more reliable.

But the insight on the UK’s road network painted a much bleaker picture:

Concluding for BCC: ‘For the UK to succeed post-Brexit, we need to fix the fundamentals here at home. Investing in physical and digital infrastructure is vital to the prosperity and competitiveness of the UK in the future.’

Extreme weather impacted retail sales

Recent figures have also been released quantifying the impact of the extreme weather in March on the retail sector.

Kantar Worldpanel analysed shopping trends over the last 12 weeks and found that although consumers were ‘stockpiling’ and buying more (increasing average spend by 4%), the cold weather resulted in shoppers visiting stores 5% less. They’ve calculated the loss of sales to retailers as a staggering £22 million.

Understandably people were staying at home rather than face the cold weather but were no doubt impacted by road and rail delays as well.


Managing impact on cashflow – how HJS Recovery can help

Unforeseen delays, like the cold weather, can significantly impact on cashflow, particularly for small businesses, if they can’t reach their customers – or their customers can’t reach them.

Short term cashflow issues can easily spiral into more longer-term unmanageable debt. If you are concerned that an unforeseen cashflow issue could significantly impact your business HJS Recovery can help. Talk to us today about the options that will be available to you, to bridge the gap or manage your debt better. Contact us here or call 0800 0141 130.


Leave Feedback Here

Enter Your Name Here

Enter Your Email Address Here

Your Comment Here

Contact Us Now
Learn more about how HJS Recovery can benefit your business

Through the years our team of experts have helped hundreds of UK companies buckling under financial pressure find their way back to sustainable growth. Whether you need advice on dealing with creditors, repaying business debt, setting up a payment schedule with HMRC or any other pressing issue, we’re the company to call. We’ll guide you every step of the way through the process of restructuring, refocusing and recovering.

HJS Recovery has nine offices at strategic locations around the country. We’re never far away and no matter where you are, we’re here for you 24 hours a day, 7 days a week. Give us a call and speak to one of our highly trained and discreet team members. They understand that each company’s circumstances have unique characteristics and as such are expert listeners. Give us a call today and set yourself and your company back on the path to a more sustainable, profitable future.

0808 1644 222
Get Started - Now