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UK

Bank of England maintains bank rate at 5.0%

The Bank of England's Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 5.0%. (more…)

#bank#Bank of England#Paid

GE commercial finance appoints new director of business development...

GE Commercial Finance's Business Finance division has appointed John Nelson as Director of Business Development for the South. (more…)

#business finance#commercial finance#i


From bean counter to strategist – KPMG predicts the...

Back in 2000 KPMG Financial Management made a number of predictions about how the finance function would look and operate…


Larger businesses turn to ABL finance

The 447m management buy-out (MBO) of wholesaler and distributor Palmer Harvey Group in April is the latest example of how…

#bank#commercial finance#invoice


Credit crunch – UK companies braced for worse to...

Nearly two thirds of UK companies believe the worst impact of the credit crisis is yet to come. (more…)

#Atradius#financial services#payment defaults


Atradius event – How adventurous is British Business?

Atradius, the UK trade credit insurer, is hosting a free conference for all businesses to find out if the entrepreneurial…

#Atradius#awards#conference


London Scottish Bank has sold its subsidiary LSIF to...

London Scottish Bank has sold its subsidiary LSIF to Hitachi Capital for 28.5m. (more…)


Small and mid-market firms forecast lower sales growth for...

The impact of the credit crunch, high fuel and commodity prices and higher interest rates have taken their toll on…

#commercial finance#interest rates#invoice


Chancellor announces new Chairman of the Financial Services Authority

The Chancellor today to announced the appointment of Lord Adair Turner as Chairman of the Financial Services Authority for a…

#financial services#i#leadership


Bank loan rescues Robinson Way

London Scottish Bank (LSB) has announced that its subsidiary Robinson Way has secured fresh financial support. But it also admitted…

#bank#bank loan#banks


Brokers are more than introducers

Roopi Makkar speaks to director, Kevin Weaver, of Cashflow UK, a specialist brokerage in invoice discounting and factoring. (more…)

#bank#invoice#smes


The ABFA dinner promotes legal unification across Europe

More than 1,000 industry players attended last night's annual Asset Based Finance Association (ABFA) dinner, which combined one of the…

#asset based finance#factoring industry#international

East and West to disagree on good customer service

Research from asset based lender Venture Finance reveals an East West divide across the UK with Financial Directors in the…

#banks#funding#interest

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