The latest findings from the annual REL survey of European working capital show companies suffering an expansion of their cash requirement while capital remains hard to come by. Daniel Windaus explains how finance functions can minimise their working capital requirements by working more closely with a variety of business units – and developing sound processes and systems to help them manage for cash.
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Marks & Spencer is to cut more than 500 head office jobs and move hundreds of IT and logistics staff out of London in a bid to cut costs, as the retailer continues to post falling sale
European companies are struggling to register sustainable improvements in working capital performance, writes Neil Johnson
Debt financing opportunities are getting ever more interesting, writes Antony Perring, CFO of LEON