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UK

SME lending vital to curb recession

The government needs to pressure banks to lend to SMEs as a way of combating a shrinking GDP according to an economic adviser from the British Chamber of Commerce (more…)

Experian release Q3 2008 UK business insolvency statistics

Global information services company Experian has published its latest insolvency data. (more…)

#credit risk#insolvencies#insolvency


London Scottish Bank to be sold

London Scottish Bank has revealed it has to be sold after failing to raise regulatory capital (more…)

#bank#guarantee#management


Government to clamp down on store card debt factoring...

The Chancellor signalled last night that taxes might have to rise if the economic downturn is prolonged. (more…)

#bank#banks#i


ABFA welcomes major boost for SMEs

The Asset Based Finance Association (ABFA) has welcomed the recent change in the ban on assignments by the Office of…


Commercial Brokers fight back

Broker William Flatau has launched a new website with the aim of finding out what brokers on the front line say about which…


Hilton-Baird named Commercial DCA of the Year

Hilton-Baird Collection Services were named as Commercial Debt Collector of the Year at the Credit Today Debt Collector of the…

#awards


Shoosmiths recruits litigation specialist serving factoring firms

Law firm Shoosmiths has recruited Harold Brako to head up a litigation practice serving invoice discounters and factoring firms (more…)


Government help for SMEs overlooks work of invoice finance...

As the government pledges extra help for smaller UK firms, Peter Ewen, managing director of Venture Finance, believes speeding up payment terms…


New financial helpline for FSB small business members

Small businesses have been given a vital lifeline in the form of a financial helpline responding to all financial enquiries…


Sterling Trade Finance launch in the UK

Launched earlier this month, Sterling Trade Finance Ltd has joined the UK s trade finance market, offering a range of…


Invoice finance takes the bite out the credit crunch

With the global credit crunch putting pressure on firms it is more important than ever for businesses to have a solid…

Cattles invoice finance unit sees loss ratio rise

Batley-based Cattles said the loss ratio at its Manchester-based invoice finance division has increased to 3.1% in the three months…

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