Fifty-six per cent of suppliers to UK manufacturers are waiting for nearly eight weeks to receive payment.
Skills for Logistics, The British Council and the China Federation for Logistics and Purchasing will host a delegation of 20 logistics and educational officials from China this week.
March marked the 13th consecutive month of growth in new car registrations, the SMMT has revealed.
Andrew Liveris, chairman and CEO of Dow Chemical, has warned that a global manufacturing renaissance could be impeded by a lack of coherent government energy policies and puts chemical engineers at the heart of a recovery.
A services sector rally has avoided a triple dip recession in the UK, according to business group the British Chamber of Commerce.
Finance ministers from the eurozone agreed on a last-minute €10bn bailout for Cyprus that will prevent the country’s banking system from sinking.