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Europe

New FSA rules will 'hurt' SMEs

Plans by the Financial Services Authority (FSA) to require businesses to report electronically could force the closure of many small financial firms, experts have warned. Under the new rules, regulated companies such as banks, insurance brokers and independent financial advisers...

Swedes vote “no” to euro

Sweden delivered a crushing rejection of the single currency yesterday (14 September), turning its back on closer integration with Europe…


Infoscore aims for 12% turnover increase

Infoscore Management und Beteiligungs GmbH, the German provider of factoring and debt collection services, as well as of information on…


Lloyds TSB provides Ј9 million invoice discounting solution for...

A Stratford-upon-Avon based company is set to grow into one of the biggest vegetable suppliers in its field after eating…


Significant corporate insolvency changes go into effect

On September 15, 2003, the corporate insolvency provisions of The Enterprise Act 2002 (the Act) come into force in England.…


Finance Credit co-founder indicted

Trond G Kristoffersen, who co-founded the collapsed Finance Credit firm, has been indicted for allegedly swindling Norwegian banks for NOK…


CNB to require banks to create mandatory minimum reserves

The Czech National Bank's (CNB) decision to require banks to create mandatory minimum reserves as of November 6 will create…

#bank#banks


Lloyds TSB Commercial Finance assists Simbec MBO

Lloyds TSB Commercial Finance in Swansea has helped secure a management buy-out (MBO) at pharmaceutical research company Simbec Research. Senior…


Finance and Leasing Association expresses concern as Investment in...

Smaller companies are showing a worrying lack of capital investment, according to the Finance and Leasing Association’s (FLA’s) yearly survey…


Imminent Enterprise Act will help boost rescue culture

The Enterprise Act 2003, due to come into force on 15 September, will introduce a number of positive changes that…

#bankruptcy#banks#Boost


Improved trade deficit prompts growth optimism from leading economists

Britain's trade deficit narrowed sharply in July as the recovering global economy boosted external demand for UK goods, economists said…

#exporters#exports#GDP


Ј10m project will help local SMEs

An exciting Ј10m project aimed at providing free advice to local firms is to be launched at the International Convention…

#i#international#smes

FDI inflows increase to record US$9.3 bn in 2002

Foreign direct investment (FDI) inflows amounted to a record US$ 9.3bn in the Czech Republic last year, which is the…

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