Credit where it is due

I meant to say this yesterday - but C2000's recent announcement of an extra £100m credit to counter the VAT rise in January is certainly a brave move.

The distributor is determined to help its resellers grow and provide them with the headroom they need - but obviously they will not hand out the cash willy nilly - a proper process has to be followed.

It is a shame that banks are not a little more forthcoming with their cash, prefering instead to reward already well paid staff with ridiculous bonuses and lavish parties (if the press is to be believed).

However the move is also a risky one. With close to £1bn a month in credit - this is an exposure few can afford and I hope it works out.

If there is one thing we need to do it is work together and support each other. C2000 is definitely leading the way on that score.