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UK

SMEs still at the mercy of late payers

Small businesses in the UK are still experiencing money problems because of late paying customers, despite new legislation to stem the problem. A survey of 1,000 SMEs by the Bank of Scotland's (BoS) business arm shows that 68% regularly suffer...

Business failures at their lowest for two years

Business failures have fallen to their lowest level in two years, as business-to-business activity is set to overtake consumer spending…


'False promises' made at Versailles

Carl Cushnie, the founder of collapsed trade finance provider Versailles Group, threw a Christmas party five years ago for the…


Versailles Group director will testify for prosecution

The former finance director of Versailles Group will testify as a prosecution witness in the trial of Carl Cushnie, owner…


Northern Ireland – Business activity and new order growth...

According to the December Ulster Bank PMI® survey of the Northern Ireland private sector economy for the month of December,…


Business left baffled by new EU invoicing regulations

Business has been thrown into confusion following the launch of new European Union regulations that came into force on 1…


Improved access to finance for small businesses

The government has announced a series of measures to help small businesses overcome barriers to raising and accessing finance. Measures…

#Access to Finance#debt finance#guarantee


HSBC launches corporate banking centres to serve the mid-corporate...

Today, HSBC Bank launches a new network of 22 Corporate Banking Centres throughout the UK aimed at the mid-corporate sector.…

#bank#Clear#Corporate banking


Credit insurance broker consolidations to accelerate in 2004

Credit insurer Atradius predicts that the number of specialist credit insurance brokers in the UK & Ireland is likely to…


Coface optimistic about UK trading prospects in 2004

Steady growth, combined with dynamic public and private spending has prompted Coface to remove the UK from its negative watchlist.…

#bank#Bank of England#exporters


London Scottish factoring profits increase

London Scottish Bank, parent of London Scottish Invoice Finance Ltd (formerly Isis Factors plc and Sygnet Invoice Finance Ltd), has…


Three quarters of firms will be updating credit management...

According to a poll conducted on the Better Payment Practice Group (BPPG) website during December, 75 per cent of firms…

#cash-flow#Clear#late payment

Moving up the ladder at Bibby Factors

Bibby Factors Manchester, a specialist provider of business cash flow solutions, is pleased to announce the appointment of Andy Johnson…

#cash flow solutions#cash-flow#financial services

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