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Insolvency service to consult concerning extending company administration measures...

The Enterprise Act received Royal Assent on 7 November 2002. At that time the Secretary of State for Trade and Industry, Patricia Hewitt, said "The Enterprise Act is good news for business, consumers and the economy. It will give those...

Company winding up and bankruptcy petition statistics

The Lord Chancellor's Department today published statistics for company winding up, and creditors' and debtors' bankruptcy petitions issued in the…

#bankruptcy#insolvency


Insolvency and VAT set off; advice for insolvency practitioners

It has recently become apparent that insolvency practitioners and their advisers should be particularly vigilant when dealing with Customs &…


Coface reduces exposure 15%

Coface, the French credit insurance specialist, has reduced its exposure to Brazil by 15% to US$1.08bn, daily Valor Economico reported.…

#AIG#banks#emerging markets


Business association calls for company debt moratorium

Venezuelan public and private sector banks will have to restructure the debts of small- and medium-sized enterprises (SMEs) that have…

#banks#interest#international


Industry performance and supply

FACTORING IN THE UK – TENTH EDITION (2005) INDUSTRY PERFORMANCE AND SUPPLY In the UK, the factoring industry continues to…

#bank#commercial finance#IGF


New sectors eligible for Small Firms Loan Guarantee Scheme

Thousands of small businesses will find it easier to obtain bank loans thanks to changes announced in the Pre-Budget Report.…

#3M#bank#guarantee


Employment in SMEs on rise

Employment within the UK’ small- and medium-sized enterprises (SMEs) is up for the first time since 2001, according to a…


CBI reports falling confidence among manufacturing SMEs

Last week, official figures showed Britain's manufacturing industry had recorded its worst fall in output in more than 10 years,…


SMEs targeted for development

Small- and medium-enterprises (SMEs) could generate 50% of the country's gross domestic product by 2006, up from 42%, if a…


Major International bank emphasises finance to SME's

The Standard Chartered Bank (StanChart) will this year put special emphasis on providing finance to small and medium scale enterprises…


Insolvencies in the UK Q4 2002

There were 4,323 company insolvencies in England and Wales in the fourth quarter of 2002 on a seasonally adjusted basis.…

European Central Bank holds rates steady

The European Central Bank (ECB) kept its powder dry yesterday, holding interest rates steady at 2.75 per cent, but made…

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