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Europe

DTI denies accusations of insolvency own goal

The Department of Trade (DTI) has launched a detailed rebuttal of research that concluded the recent overhaul of corporate insolvency was an embarrassing own goal for the government's drive to achieve more corporate rescues. A survey of 300 insolvency practitioners...

Low share price sought for Banca Comerciala Romana’s staff

The Privatisation Authority's (APAPS) commission conducting the privatisation process of Banca Comerciala Romana has asked its legal consultant, Nestor&Nestor, to…


Bibby Group of Factors announces new appointments

Bibby Factors, part of the Bibby Financial Services Group, has announced three appointments in the Northeast, West Midlands and Sussex…


The Royal Bank Of Scotland Commercial Services strengthens North...

The Royal Bank of Scotland Commercial Services (RBS Commercial Services), the invoice finance arm of The Royal Bank of Scotland,…

#bank#financial services#international


Exchange 'slow to freeze Versailles'

London Stock Exchange regulators waited eight months before they suspended trading in shares of collapsed finance group Versailles despite being…


SMEs should read up on finance, say investors

Entrepreneurs and growing businesses should research the different finance options on offer or risk missing out on crucial cash backing,…


Defendant acquitted in Versailles trial

The Serious Fraud Office (SFO) suffered a fresh blow to its credibility yesterday after Lorraine Jones, one of the two…

#bank#trade#Two


Central bank rate cuts surprise market

The Monetary Council of Hungary's central bank MNB decided to cut its base rate by 25 basis points to 12.25…

#bank#exports#international


Industry upbeat about growth

Greek industry has prospects for dynamic growth in the post-2004 environment, mainly due to extensive restructuring, which has enabled it…


Ј26m funding package spells a bigger, better Bibby

Bibby Financial Services has secured Ј26m of funding to boost its UK operations and to drive its international expansion. The…


New VAT rates to be applied from May 1

The Parliament adopted changes to the VAT law yesterday. According to the law, the reduced VAT rate of 5 per…

#interest#interest rates#leasing


SVB Holdings PLC acquires trade credit insurer

SVB Holdings PLC, the specialist insurance and reinsurance group, today announces that it has acquired the business of Credit Indemnity…

#AON#financial services#reinsurance

ISME warns postal disruption will hit small business sector

The disruption to the postal services is already hitting small businesses hard and could result in redundancies within days, the…

#cash-flow#small business#small businesses

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