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nightsod

Interesting Feature On Thurs. R4 "in Business"

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bbc link, listen again

"Smaller businesses are still struggling to cope with the impact of the credit crunch as banks stay tough on their customers and vital trade insurance is hard to get, as Peter Day reports.

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Anyone else listen to "In Business" on R4 yesterday evening? It was really interesting, dealing with trade insurance and how hard it's become for businesses to get at the rates they were used to. if I understood correctly, this is because the costs of the insurance have increased (surprise!) but also because the insurers are becoming much more reticent.

All sorts of interesting facts in the programme, like the amount of businesses failing to properly file for one.

A lot, to me, hinted at papered-over rot in much of the economy.

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