Current Account ‐ Industry's Cash Flow

With growing redundancies and short‐time working in many sectors of British industry, the struggle to survive—and in some cases, to avoid Government intervention—has centred around the problem of cash flow. Maintaining liquidity has become the major task on hand—although few would admit to being in difficulty. To do so would be to invite creditors to press their claims even harder at a time when payment terms are being extended to their limit. Putting on an act is all part of the gamesmanship of cash management.