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Europe

New Chairman of the board at Gras Savoye Langlois...

Christian Rocheteau has been appointed chairman of the board of directors of Gras Savoye Langlois SA, the factoring and credit-insurance division of the Gras Savoye Langlois French insurance group. His previous posts include that of chairman of Aon France. Gras...

UK entrepreneurs faring well in global economic downturn

UK entrepreneurs are faring well in the face of global recession, according to a new survey co-funded by the DTI…

#management#recession#small businesses


Slide in exports triggers record trade deficit

The Federal Reserve decided to keep short-term interest rates unchanged yesterday, in something of an anticlimax to recent dramatic developments…


SME Business booms in Bexleyheath

Business is booming in the most profitable town in Britain, despite the average business seeing a fall in profits, a…


Company insolvencies still rising in November

The UK recorded 1,855 business failures in November 2002, according to the latest figures released by Experian, the global information…


Cattles Invoice Finance open new office

Cattles Invoice Finance has expanded its operations with the opening of an office in Glasgow. The office will offer a…


FDA’s Sixth Annual Conference proves a formula for success

Monte Carlo, Europe’s playground for the rich and famous, was the setting for the 6th Annual Factors and Discounters Association’s…

#bank#conference#international


Unexpected interest rates cut

The Riksbank, Sweden's central bank, surprised financial markets yesterday morning by lowering its key rate for the second time in…


Interest rates: mixed reaction for Bank of England as...

Manufacturers attacked the Bank of England yesterday for holding interest rates at 4 per cent for the 13th successive month…


UK receivables finance subsidiary hit by fraud investigation into...

The first repercussions resulting from this fraud investigation are beginning to emerge. Nick Grainger, managing director of Finance Credit Limited,…


Businesses sceptical about Chancellor’s optimism on future growth

Businesses do not share the chancellor's optimism in a swift revival of growth next year, according to several confidence surveys…

#financial services#interest rate#international


Bibby is voted ‘Best Factor and Invoice Discounter of...

Leading business finance firm, Bibby Financial Services has been awarded the “Best Factor and Invoice Discounter of the Year” award…

#awards#business finance#commercial finance

Siemens Financial Services and Aon Jauch & Hьbener pool...

On Nov. 26, 2002, the EU Commission approved the creation of Industrieschutz Insurance Broker GmbH (IIB) retroactively from Oct. 1,…

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