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The deputy governor of the Bank of England yesterday sought to justify the Monetary Policy Committee's approach to raising interest rates, as new figures showed that the manufacturing recovery stalled last month. Rachel Lomax said: “The UK emerged from the...
#bank#Bank of England#inflation
Five Arrows Commercial Finance, the UK invoice finance firm, has bought the invoice discounting portfolio of Abbey Business, adding 50…
A survey carried out by credit management company Intrum Justicia has revealed the cost to British business of late payments…
#British business#late payment#management
On BCR’s behalf, Emma Shotton speaks to senior factoring company executives to find out how they will continue to grow…
Lloyds TSB Commercial Finance (Lloyds TSB CF) unveiled record results for the business with combined profit before tax of Ј52.534m,…
Arbuthnot Commercial Finance Limited have reported a 10.5% increase in pre-tax profits in the year to 31 December 2003, up…
Aim-listed Dynamic Commercial Finance has rejected a cash offer from Enterprise London plc at 107p a share. Traders have speculated…
#commercial finance
Potential Finance Group PLC has reported a drop in pre-tax profits, according to the commercial finance group’s interim results for…
#business finance#commercial finance#funding
Businesses are embracing the late payment legislation by warning customers in advance that interest will be charged if they fail…
#interest#late payment#management
Independent Growth Finance (IGF), the UK invoice finance company, is strengthening its client management team in the south of England,…
Mid-market firms in Wales are the least optimistic in the UK when it comes to business growth over the next…
#commercial finance#invoice#non-recourse factoring