|Welcome to Anglian Commercial Finance website - one stop shop for the financial activity of your business.|
|Anglian Commercial Finance is a one stop shop for the financial activity of your business.
We specialise in responding to the needs of small to medium sized businesses.
We can help you protect and grow your business using our individually tailored financial services to suit your particular needs, cost effectively and efficiently.
ACF works with you to understand your business and your customer expectations.
We are authorised and regulated by the Financial Conduct Authority (FCA)
Anglian Commercial Finance a trading arm of Nationwide Debt Solutions Limited registered in England No3895407
Created and Maintained by Aztech Business Systems Ltd.
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GROWING ECONOMY The economic recovery from the pandemic is gathering pace with a key survey finding that the services sector grew at its fastest rate since May 1997 last month. The IHS Markit/CIPS purchasing managers index reading for the services sector rose from 61 to 62.9 in May its highest level since Tony Blairs labour party secured a landslide majority in the general election of 1997.
COMPANIES GETTING BACK TO BUSINESS The labour market is getting back on its feet as businesses start trading again as furloughed employees return to work. Figures from the Office for National Statistics suggest that the percentage of businesses now trading has increased to 87%, the highest proportion since comparable estimates began in June last year, with another 3% intending to resume trading in the next fortnight.
SURGING RECRUITMANT Businesses are expanding their workforces at a record pace to cope with a wave of demand after the easing of lockdown, a survey suggests. In its latest report, the Recruitment and Employment Confederation said that permanent job placements had risen in May at the fastest rate since it began collecting data in 1998, and that the pool of available workers to draw on was shrinking.
VACCINATIONS TO FUEL ECONOMIC BOOM Britains economy will grow at its fastest pace since the Second World War as households spend their savings and businesses ramp up investment,the Organisation for Economic Co-operation and Develpomentat has said. The UK growth forecast for this year was lifted to 7.2%, up from previous forecasts of 5.1% in March and 4.2% in December.
CASHLESS SOCIETY Britain will be almost cashless by 2024 as the pandemic fuels a permanent shift in consumer habits, a payment firm has predicted. Worldpay said that it expected only 7% of instore purchases in the UK to be made using cash in three years time. Cash payments by number fell to 13.4% of sales last year from 27.4% in 2019. Growing use of debit and credit cards with contactless features and payment phones has swept away use of notes and coins, a trend accelerated by Covid restrictions in shops.
TRADE WITH EU SLUMPS Trade between the UK and the EU fell by almost a quarter in the first three months of the year as Brexit and the Covid-19 crisis disrupted businesses, official figures revealed. Total trade in goods between the UK and EU slid by 23.1% compared with a year earlier, the Office for National Statistics said.This is far larger than the 0.8% drop recorded for trade between the UK and the rest f the world, suggesting new Brexit rules had a significant impact at the start of the year.