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Europe

Limited company failures deline in July – Experian report

The number of companies failing in the UK continued to decline in July, according to the latest figures released by Experian. During July 2003, company failures fell by 8.8% compared with July 2002. This brings the total so far in...

FDA comment on FSA fines for money laundering control...

The Financial Services Authority (FSA) has fined Northern Bank Ј1.25 million for breaches of its Money Laundering Rules across its…


FDA appoints new CEO

Effective 4 August, Kate Sharp has been appointed the new chief executive officer (CEO) of the Factors & Discounters Association…


Fortis Commercial Finance reports pre-tax loss

Fortis Commercial Finance Limited, one of the leading debt factoring and invoice discounting companies in the UK and part of…

#bank#commercial finance#international


Joint Ingosstrakh and Malaysian Export Credit Insurance Corporation projects...

At the Russian-Malaysian business forum in Kuala Lumpur yesterday (5 August), President Vladimir Putin said that the two countries are…

#export credit insurance#forum#insurance


Hampshire Trust Factors Limited profit up 170%

Milton-Keynes-based Hampshire Trust Factors Limited have reported a pre-tax profit of Ј203,365 for the year to 30 April 2003, a…


Better Payment Practice Group responds to Experian research and...

The Better Payment Practice Group (BPPG) welcomes any new research into credit management issues. We would however like to comment…


Five Arrows increase turnover, profits up by 17.5%

Manchester-based Five Arrows Commercial Finance Limited have recorded a 17.5% increase in pre-tax profits for the 12 months to 31…

#commercial finance#invoice


Service sector growth picks up, strong gains in new...

July’s CIPS/Reuters survey of the UK private sector services economy signalled expansion of activity in the sector for a fourth…


Business confidence falls in all but two regions but...

Business confidence has fallen in nine of the UK's 11 regions, with the two exceptions only narrowly escaping a fall…

#bank#Bank of England#exporters


Survey finds British businesses still favour overdraft to fund

When it comes to funding the growth of their business, nearly three quarters (72 per cent) of British businesses turn…


First half profit of SKK8.9 million for OB Heller...

The Slovak arm of the Czech bank CSOB showed a profit of SKK122 million in the first six months of…

#bank#leasing

Report claims recent late payment legislation is largely unenforceable...

An article by Graeme Forbes, head of corporate finance at Grant Thornton The business outlook for small- and medium-size enterprises…

#bank#Bank of England#invoice

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