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ID theft costs UK businesses more than Ј50 million...

UK businesses are being duped out of more than £50 million every year by organised criminals and fraudsters hijacking companies identities to obtain finance, goods or services by deception. As part of its crack-down on economic crime, the Metropolitan Police...

Lloyds TSB Commercial Finance profits up by 10%

Lloyds TSB Commercial Finance has reported a profit of Ј57 million for 2004, a ten per cent growth on the…

#asset-based lender#commercial finance#funding


ONS releases Q1 2005 preliminary GDP Estimate Q1

The preliminary estimate shows that the chained volume (real terms) measure of gross domestic product (GDP) increased by 0.6 per…

#financial services#GDP#Office for National Statistics


UK business failures on the rise again – Experian

The number of limited businesses failing in the first three months of 2005 rose for the second consecutive quarter, according…

#bad debts#insolvencies#insolvency


RDM announces Ladies Golf Day for ‘The Breast Cancer...

One of the UK’s leading independent financial companies, RDM, are hosting a number ladies golf days, for colleagues and associates…


Political parties canvassed on plans for small businesses

The Forum of Private Business (FPB) has met with all of the main political parties and canvassed their views on…


DCD Factors report pre-tax profit up 36%

DCD Factors plc, the London-based factor and invoice discounter, has released results for the year to 31 December 2004 showing…

#factoring industry#invoice#management


Senior appointment at Lloyds

LLOYDS TSB Commercial Finance has appointed Donna McMillan as senior client manager for Scotland. Manus Fullerton, director of corporate and…


Bibby Financial Services helps businesses get moving

Bibby Financial Services, a global provider of business cash flow solutions, has launched a unique new trade services offering, providing…

#commercial finance#financial services#smes


The Better Payment Practice Group research reveals that 42%...

Research by the Better Payment Practice Group (BPPG), has found that two fifths of businesses are risking bad debts by…


Small business support maintained through year

The British Bankers’ Association’s (BBA) monitoring of activities of the main banks involved in the SME market provides the following…

#banks#cash-flow#small business


Atradius boosts its collections service

A global leader in credit insurance and credit management, Atradius NV, is boosting its collections service, with the appointment of…

#Atradius#debt collection#international

Industry Environment 02/03

INTRODUCTION In 2002 the UK factoring industry continued to grow at an impressive rate despite an atmosphere of stuttering business…

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