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Commercial late payment interest rate for July – December...

The interest rate for companies wishing to apply the late payment legislation will be 12.5% for the period 1 July to 31 December 2004. For the previous period (1 January to 30 June 2004) the rate was 11.75%. The late...

Bibby signs up for anti fraud software

Liverpool-based factoring and invoice discounting company Bibby Financial Services has signed a deal with Chester's GB Group to use its…

#anti-money laundering#financial services#invoice


Company profitability falls to record low but signs of...

UK corporate profitability has fallen for 18 consecutive quarters and is now barely one-third the level achieved in early 1999……


Atradius warns of looming construction sector risks

Cut-price tenders to win construction contracts could end up with companies incurring huge losses, according to latest risk analysis by…


Regency Factors report on their 2003 performance

Bury-based Regency Factors plc has reported pre-tax profits of Ј223,382 for the year ended 31 January 2004, an increase of…


Lloyds TSB Scotland asset-based lending team moves to expanded...

Lloyds TSB Scotland is expanding its new corporate offices in Glasgow just six months after moving in, leasing an additional…


Bank of England rates decision

The Bank of England raised the main interest rate by a quarter-point to 4.5 per cent today, in a move…

#bank#Bank of England#inflation


Lawyers for convicted trade financier want sentence cut

Lawyers for Carl Cushnie, the convicted trade finance fraudster, will today seek to have his six-year prison sentence reduced to…


Venture is the right candidate for the job

Before it even opened its doors, RFC Recruitment Solutions Ltd (RFC) faced its first financial hurdle. If in week one…

#bank#funding#Jobs


Eurofactor steps in to save injection moulding firms after...

Around 100 jobs have been saved at a Midland plastic injection moulded component maker after Birmingham-based Eurofactor stepped in with…


Free advice for SMEs on protecting intellectual property

Small- and medium-sized enterprises (SMEs) will be able to win a free legal consultation over their intellectual property assets as…

#creativity#innovation#smes


Specialist provider, London Scottish Bank reports half time results

London Scottish Bank PLC said all its businesses continue to show positive progress with particularly strong performances from the Factoring…

#3M#bank#debt collection

Lloyds TSB’s Commercial Finance and Acquisition Finance team up...

Ceramic Prints, listed as one of Britain's fastest-growing firms, has been bought by a team led by Jon Davies, who…

#acquisition#commercial finance#investment

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