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Europe

Companies must make rapid structural changes to survive

Economists fear the world's sixth-largest economy, recently surpassed by China, appears hobbled by structural weaknesses that could make de-industrialisation more painful than in the US or the UK. Should entrepreneurs and government leaders fail to correct them within the next...

Close Invoice Finance and Metropolitan Factors results announced

Close Invoice Finance Limited have released their financial results for the twelve months to 31 July 2003 showing a pre-tax…


Receivables finance industry volume up 15% in Q1 2004

The Factors and Discounters Association of the UK and Ireland (FDA) has published industry figures today showing a 15.03% increase…


National Bank of Slovakia report on Q1 lending rates

The average interest rate on bank loans drawn in Slovakia decreased by 0.04 percentage points to 7.51 per cent from…

#bank#interest#interest rate


Versailles’ audit partners ignored audit manager’s warning – John...

I commend the note on the website of the Accountants' Joint Disciplinary Scheme on the spectacular audit failure at Versailles…

#assignment#channel#i


Exim Bank supports exports worth Skk 54.6 bn in...

The Export and Import Bank of the Slovak Republic (Exim Bank) reported a net profit of Skk95.7m in 2003. It…


Lloyds TSB divisions fund distribution MBO with asset-based finance

A Leeds-based firm, which distributes some of the UK's best-known consumer magazines, has been bought by its management. Macfarlane Transport…


Ultimate Finance Group oversubscribed equity issue to fund expansion

The Board of Ultimate Finance Group PLC (UFG) is pleased to announce that its offer for subscription of up to…

#funding#investment#invoice


Export recovery boosts manufacturers orders to a six-year high...

The UK manufacturing recovery gathered momentum in May as demand from home and abroad pushed total order books up to…


EBRD publishes its strategy for Poland

The European Bank for Reconstruction and Development (EBRD) economic report gives Poland high marks, but warns there is still much…

#bank#economy#investment


Stuart Holloway, MD of RBS Commercial Services, announces record...

The Royal Bank of Scotland Commercial Services (Holdings) Limited (RBS Commercial Services) announced a record performance for the year ending…


Euro Sales Finance bounces back with record pre-tax profits

Euro Sales Finance plc announced a return to profitability with record pre-tax profits of Ј6.0m for the year to 31…

Venture Finance speaks the language of finance

A seven-strong team of directors have paid an undisclosed sum for the UK and European operations of Manchester language-training firm,…

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