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Europe

Three new senior appointments at GMAC Commercial Finance plc

GMAC Commercial Finance plc (GMAC CF), the UK's largest independent invoice finance and asset-based lending specialist, has appointed David Arthur as director of sales, (Invoice Finance), Iain Dangerfield as South Western business development manager and David Culpan as its business...

First economic indicator of the month – Report on...

August’s seasonally-adjusted CIPS/Reuters Purchasing Managers' Index (PMI) – a composite indicator designed to provide an overall view of conditions in…


New head of KPMG Corporate Recovery in the UK

Mick McLoughlin has been appointed UK head of KPMG Corporate Recovery as from 1 October 2003. He takes over the…


Cattles Invoice Finance recruits North Manchester and Lancashire Regional...

Cattles Invoice Finance has appointed Paul Brady as regional manager working out of the company№s Manchester office and covering North…


NMB-Heller provides receivables and stock financing and plant loan...

Castleford-based chemicals company Hickson & Welch has been acquired from its US parent Arch Chemicals Inc in a Ј21m deal…


Economy continues its recovery

The National Institute of Economic Research reports that the Swedish economy is continuing its gradual recovery. Gross domestic product is…


Consumer optimism melts away after heat wave

British consumers are increasingly gloomy about the state of the UK economy, despite the end of the Iraq war and…

#economy#Two#UK economy


Basel II rules may starve SMEs of venture capital...

New EU rules for bank capital adequacy - Basel II - could hit Irish small- and medium-sized businesses' (SMEs’) ability…


Survey of bank use by SMEs reveals credit expensive...

The Warsaw Banking Institute (WIB) and the CBM Indicator brokerage undertook a survey of bank use among small- and medium-sized…


NMB-Heller, Grant Thornton team help Webcon UK in unique...

Specialist UK carburettor distributor of the Weber and Solex brands, Webcon has completed a management buy out (MBO) from its…

#business finance#funding#invoice


HSBC voted best small business bank again

Members in Practice of the Chartered Institute of Management Accountants (CIMA) have voted HSBC Bank the ‘Best Small Business Bank’.…


Business investment declines but is expected to rise again

Polish companies' aggregate investment levels continued to decline in the first six months of 2003, dropping 2.2% to PLN 21.8…

#investment#investments#poland

Interest-rate on hold as growth picks up

Poland's rate-setting Monetary Policy Council (RPP) opted on Wednesday (27 August) to keep official borrowing costs on hold for a…

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