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Europe

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 cent will apply to the categories including medical drugs; books, mass media, entry to sports events and cinemas etc. An...

#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


MPS Leasing & Factoring first full year net profit

Monte dei Paschi Leasing & Factoring (MPS) have announced a net profit of Ђ6m, and total commissions of Ђ4bn in…


Small businesses feel pinch

The Czech government had turned its back on small- and medium-sized enterprises (SMEs). The sector not only faces increased foreign…

#security#small businesses#smes


EBRD to raise credit for small businesses in Russia

The European Bank for Reconstruction and Development (EBRD) plans to increase loans to small business in Russia to US$2 billion…


Northern Ireland – firms export 'by accident'; new guide...

Nearly two-thirds of small- and medium-sized Northern Ireland firms (SMEs) that export goods and services are accidental exporters, it has…


Northern Ireland’s small firms still get a raw deal

Budget 2004 contained few shocks for corporate Northern Ireland: that does not mean that everything in the garden is rosy.…

#interest#management#smes


Coface UK poll shows confidence that payment problems will...

Coface UK recently conducted a mini-poll asking respondents whether they believed levels of delayed and/or non-payment will increase or decrease…


Record high of 100,000 German bankruptcies

German bankruptcies hit a record high last year as the fragile state of Europe's largest economy and rising private borrowing…

#economy#insolvencies#insolvency


DTI guide – Creating Value from your Intangible Assets

Irrespective of sector, innovative organisations recognise that to maintain their competitive advantage they must continually seek to identify, develop and…


GE Commercial Finance in refinancing deal with British valve...

An Ј8 million refinancing deal, including Ј3.5 million provided by GE Commercial Finance, (GECF) has enabled St. Helen’s-based Delta Fluid…

#acquisition#commercial finance#funding

Small business fury over tax break 'U-turn'

Gordon Brown closed a tax loophole for self-employed people two years after he created it, in a U-turn that infuriated…

#Deloitte#Paid#small business

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