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Grant Thornton’s fees for Greensill administration among UK’s highest

Grant Thornton expects to earn £46m in fees for managing the administration of Greensill Capital, as reported by the Financial Times. This makes it one of the costliest UK insolvency processes in recent times. The accounting firm projects an additional...

#supply chain finance

Former UK Prime Minister’s Greensill Capital lobbying exposed in...

According to Reuters, documents released on Tuesday reveal that former British Prime Minister David Cameron extensively lobbied senior ministers in…

#funding#Greensill#Greensill Capital


Atradius comments on stagnant UK interest rates

Commenting on stagnant interest rates in the UK, Owen Bassett, insolvency and retail expert at Atradius UK, says:“Following the news that interest…

#Atradius#interest rates


eCapital Commercial Finance names new Regional Director

eCapital Commercial Finance (eCapital), a leading invoice financier has appointed Eileen Creely as its Regional Managing Director – North. Eileen…

#eCapital Commercial Finance


UK Finance releases its response to the FCA’s Consultation...

UK Finance has responded to the Financial Conduct Authority (FCA)’s Consultation Paper on changes to its Enforcement Guide and the…

#FCA#Financial Conduct Authority


Mach Recruitment receives £45m invoice finance facility from Metro...

Mach Recruitment, a Leeds based specialist recruitment business has agreed a £45m invoice finance facility with Metro Bank.As a specialist…

#bank#funding#invoice


UKEF unveils plans to help exporters win £12.5bn in...

UK Export Finance (UKEF) publishes its new 2024-29 Business Plan, setting out its intention to help firms win over £12.5bn in new business…

#UKEF


Time Finance announces Dan Murphy as BDM

Time Finance is welcoming Dan Murphy (pictured) as Business Development Manager (BDM) in its invoice finance team.Dan joins with over…

#financial services#Flexible Funding#funding


Atradius data reveals payment defaults for UK businesses decreased...

The UK’s second-largest trade credit insurer, Atradius has revealed that the number of claims it received from UK businesses decreased…

#Atradius


Allica Bank turns profitable in three years

SME challenger bank Allica has achieved its first full year of profit just three years since opening its doors to…

#SME lending


Lenvi comments on UK inflation announcement

Following Wednesday UK inflation announcement, Lenvi (formerly Equiniti), a leading lendtech for major UK lenders such as Santander, Barclays, Metro Bank and Admiral, has…

#Lenvi#Richard Carter


Aldermore announces appointments in ABL team

Aldermore has appointed Nicola Bonini as Business Development Manager for Invoice Finance and Nick Holmes as complex and asset based…

#ABN AMRO#Aldermore

Time Finance secures senior appointment in invoice finance team

Time Finance is announcing Jason Poxon as Business Development Manager in its invoice finance team. Jason joins with 10 years of experience…

#financial services#funding#invoice

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