A weak economy for the next 18 monthin UK; are business owners doing enough to safeguard their future?

There is no question that the British commercial sector has faced severe strain however, despite the seemingly proficient attempts by the Treasury and Government to take swift action and deliver unprecedented support to the UK business region; it is now evident that there is far more to be done before strength is regained.

In an official announcement; the British Chamber of Commerce has declared that the next eighteen months are set to be the most crucial for businesses throughout the nation, with a prediction of a 0.4 per cent contradiction in GDP for the year.

The economy remains locked in a damaging, double dip recession and despite an estimated growth prediction of 0.5 per cent by the BCC; there is still a minimalist growth outcome for the coming year leaving those in the commercial sector stranded and again facing continuing difficulty.

For business owners, managing finances and remaining on top of commercial mortgage repayments is now, more than ever, a highly crucial factor. The forthcoming eighteen months will no doubt be the, somewhat deciding months for the longevity of businesses within the nation and thus vigilance and sound advice is a must.

The Prime Minister and Chancellor George Osborne are facing severe pressure to secure the safety and strength of the UK economy however Company Directors and business managers must now take the safety of their commercial future into their own hands.