Philip King raises the standing of credit management

Institute of Credit Management (ICM) Chief Executive, Philip King, is to join the working group of the Small Business Economic Forum (SBEF), a Government initiative championed by the Minister for Business and Enterprise, Mark Prisk, MP.

The SBEF’s working group comprises select representatives from the small business, accounting, banking and credit communities. Its main aim is to ensure that small businesses can take concrete benefits to support growth from the Forum’s discussions. The first working group will meet this month.

Philip King was personally invited to join the working group by Mark Prisk, MP, following the Forum’s inaugural meeting in October 2010. At the working group meetings, Government officials, along with attendees, will set the agenda for the next Forum meeting to focus on the most pertinent issues faced by SMEs in the UK.The invitation further highlights the importance the Government sees in the credit management for aiding small business growth and economic recovery.

As Philip says: “The working group will lead new small business initiatives, and by being part of the group we have the opportunity to ensure that credit management has a key role.“It is significant to see the Government engaging with business leaders and industry figures in this manner; as a group we need to ensure it has a positive impact on small businesses.”