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The latest “Red Flag Alert” report from the independent business rescue and recovery specialist, Begbies Traynor, reveals a worrying surge in the number of businesses in the UK entering ‘critical’ financial distress in the final quarter of 2024. In Q4...
#British business#insolvencies
The European Investment Bank (EIB) has extended a €250m loan to the National Bank of Greece (NBG) to bolster green…
#EIB#ESG#green finance
The FCA has found wholesale brokers need to enhance their systems, controls, risk awareness and training to guard against money…
#anti money laundering#FCA
AU Group, a leading brokerage and consultancy specialist in credit and political risk management and working capital financing, has announced…
#aquasition#AU Group#factoring
SCOR, a leading global reinsurer, has announced the appointment of Henry Mummé-Young as Chief Underwriting Officer, SCOR UK, and Active…
#Managerial Appointment#scor#trade credit insurer
The Prudential Regulation Authority (PRA), in consultation with HM Treasury, has decided to delay the implementation of Basel 3.1 in…
#Basel#PRA#regulation
The Dutch economy is proving resilient, as evidenced by macroeconomic figures and experiences during and post the COVID-19 pandemic. Rudy…
#Bibby Financial Services#Rudy Plugers#World Factoring Yearbook
Pulse Cashflow Finance have announced the appointment of Adrien Cruiziat (pictured) to the role of Business Development Manager with immediate…
#Adrien Cruiziat#Gary Davis#Pulse Cashflow Finance
TruFin is pleased to announce that Satago has formed a strategic partnership with DF Capital, a specialist bank providing working…
#DF Capital#Inventory finance#invoice discounting
British Business Investments has announced an initial £20m funding facility to Sprk Capital Limited (“Sprk”). The facility will provide capital…
#Adam Kelly#British Business Bank#British Business Investments
Commenting on UK inflation drop, James Burgess (pictured), Head of Commercial and insolvency expert at Atradius, says: “UK inflation unexpectedly…
#Atradius#insolvency#James Burgess
Skipton Business Finance has extended a £2.5m funding line to PEC Packaging Ltd to address challenges faced by the business…
#COVID-19#PEC Packaging#Skipton Business Finance
Commenting on the unexpected fall in UK inflation bringing mixed reactions, Douglas Grant, Group CEO of Manx Financial Group, said:…
#Douglas Grant#inflation#SME lending