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UK

Bank of England increases the cost of borrowing

The Bank of England has raised interest rates to 3.75% - the first rise in almost four years. The previous rate of 3.5% was the lowest for 48 years. In a statement, the Bank said a "modest increase" was necessary...

#bank#Bank of England#interest rates

HSBC launches on-line trade credit insurance service for small...

HSBC Insurance Brokers has launched Cover Credit, a real-time, interactive on-line trade credit insurance service for small- and medium-sized businesses…


Corporation tax revamp will hit smaller businesses says ACCA

ACCA (the Association of Chartered Certified Accountants) warns that UK businesses - especially small- to medium-sized enterprises (SMEs) - will…

#ACCA#inflation#international


Mixed bag for SMEs in BoE report

The Bank of England's latest investigation into conditions for small businesses has turned up a 'mixed picture' of results. The…

#bank#Bank of England#NatWest


Survey prompts call for urgent review of late payment...

Legislation brought in last year has made little impact on the UK's chronic problem of late payment, a survey by…


Sharp rise in number of small business failures

The number of small businesses going bankrupt is set to hit the highest level in a decade, the Conservative party…

#bank#Bank of England#regulation


FDA conference programme published

Detailed conference programmes and conference guidance notes have now been issued to all those who have registered for the FDA…

#conference#WHO


New name for London Scottish Bank factoring division

London Scottish Bank plc, the specialist financial services company, has announced that its two factoring companies, Sygnet and Isis, will…

#bank#factoring industry#financial services


The Royal Bank Of Scotland Commercial Services appoints business...

The Royal Bank of Scotland Commercial Services (RBSCS), the invoice finance arm of The Royal Bank of Scotland, has announced…


Barclays confirms a review of its Hastings factoring operation

Barclays confirmed yesterday that it has begun a review of its Hastings-based factoring operation, which employs 350 people. It said…

#Jobs#trade#WHO


Optimism soars in small business sector

With optimism about the UK economy having risen dramatically in the last year, four out of five owner-managers believe their…


ECGD's comprehensive guide for UK exporters is published

The latest issue of Global Exporter, which gives an authoritative overview of the world’s export markets and the support the…

#emerging markets#exporters#exports

RDM Factors report pre-tax profit reduced in 2002

RDM Factors’ company results for the year ended 31 December 2002 show pre-tax profit reduced by 62% to Ј328,981, compared…

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