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Europe

HSBC Invoice Finance Records 10% Profit Increase

HSBC Invoice Finance (UK) ltd, the factoring and invoice discounting arm of HSBC, has today released its annual accounts for the financial year ended 31 December 2001. The accounts showed that profit had risen by 10.34% on the previous year...

Barclays Research Shows Increasing Optimism for Start Ups in...

While business start-ups totalled 342,000 in 2001, down 15% on the previous year, the small business picture is not as…


Small Business Banking Code Aims to Stave Off Regulation

The British Bankers’ Association will launch a code of conduct today covering small businesses, pitching for improved self-regulation ahead of…

#bank#regulation#small business


NMB Heller Record 11% Profit Increase

NMB- Heller Ltd have today released their annual accounts for the year ended 31 December 2001. Pre-taxation profits have risen…

#business finance#invoice#trade


Bank of Ireland and Anglo Irish Bank to Merge?

It has been reported that Bank of Ireland could be merging with Anglo Irish Bank Corporation plc. The rumour has…


FDA Reports 16% Increase in Total Client Sales in...

The Factors and Invoice Discounters Association, the trade body representing the interests of factors and invoice discounters operating within the…


Service Sector Recovery Continues as New Business and Activity...

February’s survey provided further signs of recovery within the UK private sector services economy. The seasonally adjusted Business Activity Index…


PMI Signals Tentative Manufacturing Growth for the First Time...

The seasonally-adjusted Purchasing Managers’ Index (PMI- a composite indicator designed to an overall view of the manufacturing economy), signalled marginal…

#economy#investment


Competition Minister Accepts Undertakings on Lloyds TSB/Abbey National

Competition Minister Melanie Johnson has accepted undertakings from Lloyds TSB Group plc in relation to Abbey National plc. The undertakings…

#acquisition#Commercial Credit#commercial finance


New EU Report Confirms Britain Leads the Way in...

A report reviewing how each EU member state is implementing the Small Firms Charter is published today in Brussels by…


SMEs Remain Optimistic Despite Fall in Manufacturing

Smaller firms are fighting against the downturn in manufacturing, and many can boast booming order books. According to a recent…


Swiss Life to Buy French Unit of Fortis- Fortis...

Swiss Life/Rentenanstalt said it would acquire the French life insurance operations of Fortis, the Dutch/Belgian financial-services conglomerate, at a price…

Venture Finance’s Bristol Office Appoints Business Development Manager

Venture Finance PLC, the invoice finance specialist, has strengthened its business development team with the appointment of Nick Philips as…

#ABN AMRO#bank#invoice

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