Accountancy Age

deloitte-vienna

UNUSED CAPITAL held by UK companies is now worth up to £69bn, according to a Deloitte report. The report, which looked at the performance of UK companies with a turnover of greater than £60m, discovered the figure is up 8% on the previous year’s £64bn. The unproductive capital was worth on average a cash injection of 5% of annual sales. According to the report, the excess working capital is typically tied…