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David Totney is back on his old hunting ground

One of the best known figures on Birmingham's commercial finance scene has returned to his old hunting ground in the West Midlands. David Totney is behind what is claimed to be one of the largest new start businesses the region...

UK service sector continued to grow strongly in September,...

September saw an eighteenth consecutive monthly increase in service sector business activity, which firms attributed to continued marketing activities, higher…


Profitability of UK companies 2nd quarter 2004

The net rate of return by private non-financial corporations in the second quarter of 2004 was 13.8 per cent. This…

#UK companies


Business investment up again

Manufacturers and construction companies have contributed to a substantial increase in UK business investment between April and June this year.…


Married couple loses “partnership” tax test case

SMEs throughout the UK could be liable for higher tax bills after a and husband and wife team lost their…

#Bill#small business#smes


Fewer businesses to go bust, says BDO

There will be a large decline in the number of UK businesses going bust this year, according to insolvency experts…

#economic recovery#insolvency#interest rate


Capacity utilization of S.Korea's SMEs dips in August

South Korea's small-and medium-enterprises (SMEs) saw their operating rate inch down in August from July following a prolonged business slump,…


Eurofactor initiative set to “revolutionise” trading across Europe

Leading business finance experts, Eurofactor, have launched a new pan-European factoring facility which may “revolutionise” the way multinational operating groups…


Banks expected to post record yearly net profit

South Korean banks will likely post a record high net income of more than 7trillion won (about US$6.1bn) this year…

#bad debts#bank#banks


Government red tape pledge on business aid

Ministers have pledged to cut back on the red tape damaging government assistance to smaller businesses. The move came as…

#debt finance#guarantee#regulation


Spowart plans bank for SMEs

Jim Spowart, the bank start-up expert who brought Direct Line Financial Services, Standard Life Bank and Intelligent Finance (IF) to…


Small firm loans due for overhaul-Richard Tyler

A review of the government-backed small firms loan guarantee scheme has found it "expensive" and "bureaucratic" and recommends a bonfire…

IGF Invoice Finance Ltd pre-tax profit soars

IGF Invoice Finance Ltd (IGF), part of the Greater London Enterprise (GLE) Group of Companies, has announced a pre-tax profit…

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