Tag: Debt Deficits

Why Having The Ability To Pay Your Debts Is Important

As a business owner the first and most important priority is to balance your books. While every entrepreneur and business owner will need to take risks from time to time, it is also important to consider the consequences. Continuing to trade while knowing that your company is not able to meet its debt obligations can…




Business and Household Debt Deficits Cause For Concern

The last global economic crisis was caused by a lethal cocktail of irresponsible lending by banks and homeowners taking on mortgages they couldn’t afford to pay back, the next big threat on the horizon is household debt and to a lesser extent corporate debt. Household debt in the UK is now at unprecedented levels according…