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Europe

'RBS and NatWest stalked' Versailles

The disgraced former finance director of collapsed trade finance house Versailles claimed at Southwark Crown Court that the Royal Bank of Scotland and National Westminster Bank wanted to take it over. Frederick Clough, who has pleaded guilty to conspiracy to...

Factoring in Pisces

A newly named star appears in the night sky with the name ‘Factoring’, according to Mikhail Treyvish, chairman of the…

#factoring industry


BoE holds the line on interest rates for now

The Bank of England has kept interest rates at 4.0 percent, a month after raising them by a quarter-point, but…

#bank#Bank of England#Deloitte


Outsourcing for SMEs

Specialist outsourcing company, Human Capital Support Services Limited (HCSS) has today announced the acquisition of Company Management Limited (CML). The…


Grant Thornton strengthens regional presence of its recovery &...

Business and financial advisers, Grant Thornton, today announced the appointment of Keith Hinds and Robert Caven as partners within its…

#insolvency#international#Two


CBI warns Brown against further rise in business tax

The CBI employers' body is calling on the chancellor to simplify the business tax environment in his Budget speech this…


RBS Commercial Services backs Hugh Mackay Carpets MBO

Leading international carpet manufacturers Hugh Mackay Carpets is looking to the future with fresh eyes following a management buy out…

#bank#international#invoice


New risk management services company

The close of 2003 saw the dawning of a new company Atlantic RMS; born from a merger of Factoring UK…


Late paying firms leave temp agencies to fund British...

Figures announced last month by the Recruitment and Employment Confederation (REC), the trade body for employment agencies in the UK,…

#British business#cash-flow#commercial finance


Cattles help Blays on the path to growth

Manchester-based Blays Guides has formed a partnership with Cattles Invoice Finance to fund the growth of its new venture, a…

#financial services#invoice#management


FDI to Bulgaria up 50%

Direct foreign investments (FDI) to Bulgaria jumped by 50.4 per cent reaching BGN 1360.7 million in 2003 as compared to…

#Bill#investments


Money laundering laws to hit small businesses

New regulations on money laundering came into force on 1 March and those affected need to be aware of them…

#financial services#risk#small business

Euro Sales Finance appoints new top management team

Euro Sales Finance (Euro Sales), a specialist provider of invoice finance has today announced the appointment of John Bevan as…

#financial services#i#invoice

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