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The former finance director of Versailles Group will testify as a prosecution witness in the trial of Carl Cushnie, owner of the disgraced finance group, after pleading guilty to fraud, a jury heard. Frederick Clough had already admitted the two...
According to the December Ulster Bank PMI® survey of the Northern Ireland private sector economy for the month of December,…
Business has been thrown into confusion following the launch of new European Union regulations that came into force on 1…
The government has announced a series of measures to help small businesses overcome barriers to raising and accessing finance. Measures…
#Access to Finance#debt finance#guarantee
Today, HSBC Bank launches a new network of 22 Corporate Banking Centres throughout the UK aimed at the mid-corporate sector.…
#bank#Clear#Corporate banking
Credit insurer Atradius predicts that the number of specialist credit insurance brokers in the UK & Ireland is likely to…
Creditors' voluntary liquidations fell by 16.6 per cent in 2003, according to Experian®, the leading business information company in Ireland.…
#insolvencies#insolvency
The Central Bank of Russia has lowered the refinancing rate to 14% from 16% as of 15 January. The Central…
#bank
Steady growth, combined with dynamic public and private spending has prompted Coface to remove the UK from its negative watchlist.…
#bank#Bank of England#exporters
Prosecutors investigating the collapse of Italian food group Parmalat yesterday seized documents from Archimede Securitization, a unit of Italian factoring…
The Greek government has earmarked Ђ145.6 million (US$186.2m) to support Greece's small- and medium-sized enterprises (SMEs) as a second phase…
#economy#smes
London Scottish Bank, parent of London Scottish Invoice Finance Ltd (formerly Isis Factors plc and Sygnet Invoice Finance Ltd), has…
According to a poll conducted on the Better Payment Practice Group (BPPG) website during December, 75 per cent of firms…
#cash-flow#Clear#late payment