BUSINESSES in the UK racked up £69bn of unproductive cash in 2012, an eight per cent increase on 2011, a new report from Deloitte has found. The money is equivalent to a cash injection worth five per cent of the businesses' total income and is largely the result of inefficient financial and operational practices. Andrew Harris , partner in Deloitte's finance transformation group, said: "This is a good time to focus on managing basic processes, as it could free up cash for investment."
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