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Blog
Consumers face financial squeeze as mortgage interest rates rise
by Touch Financial (March 6, 2012)
The cost of borrowing to buy a home is on the way up. From 1 May, the Halifax, the biggest mortgage lender in the UK, is raising its standard variable mortgage rate (SVR) to 3.99% from its present 3.5%.
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The Importance of Professional Invoicing for Businesses
by Touch Financial (March 2, 2012)
Professional invoicing, or more specifically electronic or online invoicing, is one of the most cost-effective ways to improve the cashflow of your business. Making sure your cashflow runs smoothly is vital because of the large amount of outgoings that a small business can incur. Proper invoicing helps you to get paid quickly and easily.
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Invoice discounting works for us says one of UK’s top entrepreneurs
by Touch Financial (March 1, 2012)
“In our businesses, we’ve worked out it is more important for us to have the money rather than risk late payment,” writes highly successful entrepreneur, James Caan. “In some of my companies, we use invoice discounting.”
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5 big differences between an overdraft and invoice factoring
by Touch Financial (February 28, 2012)
Research continually shows that many UK firms don’t really understand the difference between a bank overdraft and invoice factoring. More alarmingly, around half of businesses don’t even know what invoice factoring is or how it works.
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Speculation and predictions for the 2012 budget are growing
by Touch Financial (February 27, 2012)
On 21 March, the Chancellor of the Exchequer, George Osborne, will deliver his third budget speech. As usual, speculation is beginning to mount about the measures he will or won’t announce.
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