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Healthy businesses will struggle to survive if the UK government does not take urgent action to deal with the credit crunch, the CBI's director-general has warned (more…)
#bank#Bank of England#trade
In its new paper LIBOR's governing body set out how this key indicator of the cost of borrowing is calculated…
#bank#Bank of England#banks
Barclays and Royal Bank of Scotland yesterday said that the woes of the trade credit insurance industry were starting to…
Data from Euler Hermes has revealed that the falling value of sterling has not been enough to offset the lack of…
Barclays has announced a two-pronged plan to enhance its practical support to SMEs (more…)
#bank#business finance#financial services
Tighter restrictions on credit insurance and insurers refusal to provide non-payment cover means SMEs 'will fall like dominoes', financial experts…
#insolvency#insurance#smes
A code of conduct has been agreed between Government, businesses and the Institute of Credit Management (more…)
#cash-flow#invoice#late payment
Business minister Shrtiti Vadera has revealed that a state guarantee to underpin vital insurance that supports the supply chain is…
European funds should be used to support a loan guarantee scheme for banks to keep lending to SMEs in Wales,…
#bank#business finance#guarantee
Lord Mandelson, the Business Secretary, will apply pressure to the heads of some of Britain's biggest companies tomorrow to get…
Bibby Financial Services continues its growth plans with the appointment of Stephen Harpur as Head of Risk at its specialist…
Regional Minister Beverley Hughes and the NWDA have announced the launch of a Transition Loan Fund for businesses in the region (more…)
#banks#funding#risk
Firms have reported steep falls in business volumes and profitability, as well as plans to scale back employment and investment.…
#economy#investment#recession