BCR Latest News

Close appoints new deputy chief executive

David Thomson has been appointed deputy chief executive of Close Invoice Finance. He will remain Managing Director of Metropolitan Factors,…


An analysis of Scottish corporate failure

Examining the rate of corporate failure in Scotland as a means of identifying overall trends and shifting patterns is a…


Bank of England rate cut dangerous for business?

The latest Government figures (reported on factorscan 7 February) show that the number of companies going out of business is…


Bibby’s national SME survey shows skills gap widening

The shortage of skilled workers across the UK is getting worse and is holding back small- and medium-sized firms according…


Electronic loans to SMEs of US$15.6m via B2B portal in…

Colombia's largest bank, Bancolombia (www.bancolombia.com), paid out in 2002 46.4bn pesos (US$15.6m) through its B2B portal Credipagos Virtual, said electronic…


United States: Jones Day merger with Gouldens confirmed

The international law firm Jones Day and the leading City of London firm Gouldens announced that they will merge their…


The Chartered Institute of Purchasing and Supply joins the Better…

The Better Payment Practice Group (BPPG) has welcomed The Chartered Institute of Purchasing And Supply (CIPS) as its latest member.…


Paris office of Mayer, Brown, Rowe & Maw recruits new…

The Paris office of Mayer, Brown, Rowe & Maw has recruited a team of corporate lawyers from SG Archibald, a…


Coface’s sector trends report published

After several months of price and inventory decline, a cyclical upturn in some economic sectors could provide the basis for…


Independent Growth Finance beefs up their Midlands Office

Independent Growth Finance (IGF) has announced the further strengthening of its client management team with the recent appointment of Geoff…


ABN to provide US$80 m trade finance facility

The International Finance Corporation, (IFC), and ABN Amro signed an agreement to provide Pakistan with a US$80 million trade financing…


Insolvency service to consult concerning extending company administration measures to…

The Enterprise Act received Royal Assent on 7 November 2002. At that time the Secretary of State for Trade and…


Company winding up and bankruptcy petition statistics

The Lord Chancellor's Department today published statistics for company winding up, and creditors' and debtors' bankruptcy petitions issued in the…


Insolvency and VAT set off; advice for insolvency practitioners

It has recently become apparent that insolvency practitioners and their advisers should be particularly vigilant when dealing with Customs &…


Coface reduces exposure 15%

Coface, the French credit insurance specialist, has reduced its exposure to Brazil by 15% to US$1.08bn, daily Valor Economico reported.…


Business association calls for company debt moratorium

Venezuelan public and private sector banks will have to restructure the debts of small- and medium-sized enterprises (SMEs) that have…


Industry performance and supply

FACTORING IN THE UK – TENTH EDITION (2005) INDUSTRY PERFORMANCE AND SUPPLY In the UK, the factoring industry continues to…


New sectors eligible for Small Firms Loan Guarantee Scheme

Thousands of small businesses will find it easier to obtain bank loans thanks to changes announced in the Pre-Budget Report.…


Employment in SMEs on rise

Employment within the UK’ small- and medium-sized enterprises (SMEs) is up for the first time since 2001, according to a…


CBI reports falling confidence among manufacturing SMEs

Last week, official figures showed Britain's manufacturing industry had recorded its worst fall in output in more than 10 years,…


SMEs targeted for development

Small- and medium-enterprises (SMEs) could generate 50% of the country's gross domestic product by 2006, up from 42%, if a…


Major International bank emphasises finance to SME's

The Standard Chartered Bank (StanChart) will this year put special emphasis on providing finance to small and medium scale enterprises…


Insolvencies in the UK Q4 2002

There were 4,323 company insolvencies in England and Wales in the fourth quarter of 2002 on a seasonally adjusted basis.…


European Central Bank holds rates steady

The European Central Bank (ECB) kept its powder dry yesterday, holding interest rates steady at 2.75 per cent, but made…


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