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Lib Dems say name and shame persistent late payers

Big firms that persistently make late payments to suppliers should be named and shamed on a register, according to a major political party. Liberal Democrats business spokesman Brian Cotter said late payment legislation was clearly failing and called for new...

#late payment#payment practices#small businesses

Versailles receivers search for Ј10m

Receivers appointed to trace an estimated Ј11m allegedly stolen by the former finance director of collapsed lender Versailles have recovered…

#bank#banks#WHO


Culture of late payment shows no signs of abating

More than five years after the government brought in legislation to curb late payment, the average payment period of companies…

#financial services#insolvency#invoice


New initiative from EUROFACTOR plugs gap in market

EUROFACTOR, the business finance experts, have launched a new initiative aimed at encouraging small and young businesses to 'take control…


Coface UK launches 'at-a-glance' online company rating system

Coface UK, a branch of one of the world's leading credit solutions companies, is providing an online company rating system…

#economic recovery#insolvency#management


Former Versailles director 'drained account'

Fred Clough, former finance director of Versailles, has admitted siphoning money out of the trade finance group and channelling it…

#bank#trade#WHO


SME factories see a bright future – CBI

The Confederation of British Industry (CBI) survey shows that orders are rising for the first time in three years, while…

#economic recovery#Jobs#smes


Fortis Commercial Finance appoints new client relationship manager

Fortis Commercial Finance has announced the arrival of Evette Martirossian into its Client Relationship Team. Evette joins as client relationship…

#bank#commercial finance#insurance


Factoring – Is this the finance option for your...

Karan Bilimoria, the founder of Cobra Beer, is a cheerleader for factoring, which he says is ideal for an ambitious…

#bank#commercial finance#debt collection


Loan scheme's effectiveness to be probed

The government will today launch a nationwide review into the effectiveness of its small firm loans guarantee scheme following concern…

#bank#Bank of England#debt finance


A simple step to help us love insolvency practitioners

Insolvency practitioners are the SAS of the accounting profession. The most exciting moment of the day for many accountants comes…


Aston Rothbury Factors profits soar in 2003

Brentwood-based Aston Rothbury Factors Ltd has recorded a pre-tax profit increase of 308% at Ј262,625 for the year ending 31…

#AR#bad debts#i

Mixed profits for UK businesses – Cattles SME survey

A recruitment company in the North West was the best business to have if you were looking to increase your…

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