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Davenham Group issues statement on ACP deal termination

Davenham Group's board said the announcement by ACP Capital on 15 January 2008, to terminate the offer to Davenham was the first the company has heard about the deal from ACP since 2007. (more…)

#asset-based lender#trade

ACP Capital withdraws Davenham offer

ACP Capital Ltd announced it has withdrawn its offer for asset-based lender Davenham Group PLC. (more…)


Cenkos and Landsbanki in possible recommended offer for Close...

The Boards of Cenkos and Landsbanki confirm that they are in discussions with Close Brothers. (more…)


Bank of England maintains Bank Rate 5.5 percentage points

The Bank of England s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank…

#bank#Bank of England#management


Don’t let the credit crunch rein in your finances

Alex Hilton-Baird explains why SMEs need to take tighter rein of their finances in the wake of the recent credit…


Warning sounded over late payments

Late payments to small businesses could plunge the UK economy into recession in 2008. (more…)


Credit squeeze sparks sharp fall in financial services activity

The two-year-long run of strong growth in financial services went into reverse over the past three months. (more…)

#financial services#liquidity#management


Toner cartridge manufacturer refinances with Venture

PBT International Ltd (PBTI), a UK manufacturer of toner based laser printer cartridges, has been refinanced via an Asset Based…


Firms’ pessimism over UK economy hits five year low

Lloyds TSB Corporate Markets Business Barometer for December 2007 shows that firms pessimism about UK economy is the worst since…

#bank#Bank of England#exports


Small businesses expect costs to rise during 2008

More than eight in ten small business owners expect the overall costs of running their business to increase during 2008.…


New invoice finance partner joins business bank service

A business and private banking service has doubled its number of partners. (more…)

#bank#invoice#NatWest


Ulster Bank survey shows SME confidence for 2008 remains...

The most recent all island Ulster Bank Business Confidence Survey has found that confidence among SMEs remains high. (more…)

London Scottish Bank shares dive on lack of capital

The doorstep lender London Scottish Bank admitted yesterday that it does not have enough capital to satisfy the regulator. (more…)

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