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More than five years after the government brought in legislation to curb late payment, the average payment period of companies in the UK is still longer than when the legislation was introduced – 58 days, up 0.5 days on 1998....
#financial services#insolvency#invoice
EUROFACTOR, the business finance experts, have launched a new initiative aimed at encouraging small and young businesses to 'take control…
Coface UK, a branch of one of the world's leading credit solutions companies, is providing an online company rating system…
#economic recovery#insolvency#management
Fred Clough, former finance director of Versailles, has admitted siphoning money out of the trade finance group and channelling it…
#bank#trade#WHO
The Confederation of British Industry (CBI) survey shows that orders are rising for the first time in three years, while…
#economic recovery#Jobs#smes
Hungary attracted Ђ1.494 billion in foreign direct investment (FDI) in 2003, according to preliminary figures released by central bank (MNB).…
#bank#economy#exports
Latvijas Unibanka achieved a profit of LVL 13.309 million in 2003, down 2 per cent from 2002 when it reached…
Lithuania's Hansabankas earned a net profit of LTL 61 million last year, up 21.6 per cent from LTL 50.1 million…
The European Commission in a report last year criticised Central and Eastern European countries for the state of the small-…
Fortis Commercial Finance has announced the arrival of Evette Martirossian into its Client Relationship Team. Evette joins as client relationship…
#bank#commercial finance#insurance
Karan Bilimoria, the founder of Cobra Beer, is a cheerleader for factoring, which he says is ideal for an ambitious…
#bank#commercial finance#debt collection
The government will today launch a nationwide review into the effectiveness of its small firm loans guarantee scheme following concern…
#bank#Bank of England#debt finance
Insolvency practitioners are the SAS of the accounting profession. The most exciting moment of the day for many accountants comes…