Mid-sized businesses face worrying lack of liquidity
A severe lack of liquidity across Europe means that 51 per cent of mid-sized businesses would have to turn to external sources of funding after just three days in the event of an unexpected drop-off in trading.
That’s according to the findings of a new study by international accounting and advisory firm Mazars, which analysed over 72,000 mid-sized businesses (those with a turnover of between €10 million and €200 million) in the EU ...