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Versailles’ investors plan to sue

City investors who lost millions in the trading fraud at collapsed finance group Versailles plan to sue chairman and founder Carl Cushnie for the return of some Ј13 million. Cushnie was last month sentenced to six years in jail for...

#Two#WHO

ECGD reports Ј2.9bn support for UK exports in 2003/04

The Export Credits Guarantee Department (ECGD) has published its Annual Review and Resource Accounts 2003-04, showing that, despite another challenging…

#exporters#exports#guarantees


Dynamic Commercial again advises shareholders not to accept Enterprise...

Dynamic Commercial Finance PLC said it continues to unanimously recommend shareholders reject the offer by Enterprise London Ltd and not…

#commercial finance


Export credit agency report shows Ј2.9 splurge in 2003

The Export Credits Guarantee Department (ECGD) has published its annual review and resource accounts 2003-04, showing that it provided UK…


Factoring software disposal ‘stopped the rot’ – Highams chief

The chairman of Highams Systems Services, the UK software group, said the sale of its factoring software subsidiary Highams Business…


Companies Annual Report 2003 – 2004 published today

The Companies Annual Report (ISBN 0-11-515510-4 ) published by The Stationery Office contains facts and statistics on: Company Law Developments…

#compliance#trade


Insolvency rates close to 10-year high – Euler Hermes

The number of insolvencies in England and Wales jumped to its highest level in almost a decade last year, according…


Bank lending to small business grows annually by 10%

Latest figures for banks' lending to and deposit from small businesses in the first quarter of this year show that:…


Hammonds’ leadership battle

Two candidates have emerged as front-runners to become the new managing partner of Hammonds with finance head Andrew Watson and…


BoE axes SME division as access to finance 'no...

The nation's small- and medium-sized enterprises (SME) are outraged at a decision from the Bank of England to close its…


Short shrift for Dynamic defence – FT

Enterprise London has dismissed Dynamic Commercial Finance's defence against its Ј4.2m hostile bid for containing "numerous irrelevant observations". Instead, it…


Dynamic offer update

The following information was issued by the London Stock Exchange’s Regulatory News Service “On 21 June 2004, Insinger de Beaufort,…

Enterprise Finance Europe help client with invoice discounting solution

A successful relationship between City-based receivables finance specialists, Enterprise Finance Europe (EFE), and new Oxfordshire-based client, Jonathan Crisp, has provided…

#cash-flow#invoice#management

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