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Europe

Business outlook improving – Ecostat

Large companies were a little more cautious about their economic outlook in June, but SMEs remained optimistic, according to a survey prepared by economic research institute Ecostat. Although both large and small firms regard general prospects favourable, the proportion of...

#economic outlook#exports#inflation

CBI questions government commitment to export credit support

CBI director-general, Digby Jones, has questioned the government's sustained commitment to globally competitive export credit support following Trade and Industry…


Rough justice for Dynamic’s shareholders

Shareholders in Dynamic Commercial Finance can be justly peeved by a ruling from the Takeover Panel that has effectively restricted…


RPP interest rate decision announced

The Monetary Policy Council (RPP) has increased interest rates by 50 basis points, which means that the prime indication rate…


BoE defends hawkish stance on interest rates

The deputy governor of the Bank of England yesterday sought to justify the Monetary Policy Committee's approach to raising interest…

#bank#Bank of England#inflation


Abbey sells Ј12m invoice discounting portfolio

Five Arrows Commercial Finance, the UK invoice finance firm, has bought the invoice discounting portfolio of Abbey Business, adding 50…


Hungary third in regional FDI inflows, first in outflows

The level of foreign direct investment (FDI) continued to fall in the OECD area in 2003, the Paris-based organization said.…


Late payments cost business Ј20b a year

A survey carried out by credit management company Intrum Justicia has revealed the cost to British business of late payments…

#British business#late payment#management


Euler extends Greek credit insurance business

Euler Hermes, the French credit insurance company, has announced that it has raised its stake in its Greek joint-venture, Phoenix…


CNB stuns markets with interest rate rise

The Czech National Bank (CNB) bank board took the markets by surprise, raising interest rates by 0.25 percentage points. The…

#bank#banks#inflation


BCR talks to the factoring industry about tackling competition...

On BCR’s behalf, Emma Shotton speaks to senior factoring company executives to find out how they will continue to grow…


Lloyds TSB Commercial Finance delivers bumper profits in 2003;...

Lloyds TSB Commercial Finance (Lloyds TSB CF) unveiled record results for the business with combined profit before tax of Ј52.534m,…

Arbuthnot Factors sees profits rise in 2003

Arbuthnot Commercial Finance Limited have reported a 10.5% increase in pre-tax profits in the year to 31 December 2003, up…

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