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Shares in struggling Manchester-based lender London Scottish Bank jumped 60 per cent in yesterday's trading amid speculation the group may today announce the sale of its factoring division. (more…)
The NI Executive's Economy Minister Nigel Dodds has spoken out about prospects for the Province's smaller companies. (more…)
Don't underestimate the real forces for stability in the UK economy - they mean we can hope for a soft…
#bank#Bank of England#JPMorgan
A division of Warrington-based computer parts supplier ServiceSource Europe has been bought by its management team. (more…)
#bank#funding#invoice
Derek Ryan is to be the new Sales Marketing Director of Siemens Financial Services Limited in the UK. (more…)
#financial services#international#management
This year's 2nd ABFA Annual Conference will be held on the 26th-27th of November. (more…)
Companies are suffering a cash squeeze from delayed invoice payments as the credit crunch begins to hit the real economy.…
#forum#invoice#late payment
Coface has opened a new office in Leeds. (more…)
#financial services#invoice#management
Barclays Commercial Bank has announced that it is providing majority finance to support a Management Buy Out (MBO) for Palmer…
According to research published by Bacs this week, 83% of small businesses are not exercising their right to charge interest…
#confirming#invoice#late payment
The Bank of England's Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves…
Over 40% of SMEs who responded to an ABFA survey this week said that the interest rate cut to 5.25% in February…
Venture Structured Finance has provided electronic equipment specialists, Path Group Plc, with a funding solution to support a management buy…