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UK

Insurance association publishes statement of principles

The Association of British Insurers (ABI) has issued a so-called Statement of Principles on the sector, outlining how insurers operate and what clients can expect from them. (more…)

#Atradius#guarantee#guarantee scheme

Soaring trade credit insurance claims

Insurance claims by companies left unpaid for goods supplied to firms that went bust soared more than 50% in the…

#Atradius#guarantees#payment terms


HSBC recommending invoice finance to troubled SMEs

With more than two million SMEs saying the issue they'd most like this month's Budget to address is the problem…


Withdrawn credit insurance creating problems

Half of large retailers and over 40 per cent of small and medium-sized businesses say the reduction or withdrawal of…


Government and business urged to get tough on late...

40% of small and medium-sized firms would put action to tackle late payments at the top of Chancellor Alistair Darling's…

#invoice#late payment#management


Larger companies the worst of the late payers

Three in five businesses are struggling with cashflow because their clients are delaying payments, and large companies are the worst…

#bank#HMRC#UK companies


State guaranteed credit insurance scheme expected

The Chancellor of the Exchequer, Alistair Darling, is expected to announce a state-guaranteed credit insurance scheme in next Wednesday's budget.…


Critics claim credit insurance disaster looming

Calls come for the UK government to take urgent action to restore the strength of the credit insurance market or else the economy will face…

#guarantee#guarantees#liquidity


Trial of fraudsters continues

The trial of two former recruiters accused of defrauding the Royal Bank of Scotland (RBS) will resume on 20 April…

#bank#insolvency#invoice


HSBC pushing factoring to UK SMEs

HSBC has moved to encouraged SMEs to consider invoice finance when combating late payment and cash flow issues. (more…)


Close Invoice Finance appoints new MD

Close Invoice Finance new MD for North of England. (more…)


Drop in supplier credit hurting SMEs

A recent survey revealed that UK SMEs are under just as much or more pressure from shrinking inter-company credit than…

#bank#invoice#management

RBS Invoice Finance defrauded

Legal proceedings reveal that RBS Invoice Finance were caught out by fresh air invoicing. (more…)

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