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London Scottish Bank says progress continues in second half

London Scottish Bank Group says its factoring and leasing divisions have continued to progress during the second half. Whilst the market is competitive the factoring division has built a high quality business with a strong return on investment. Leasing continues...

Interest rate rise could threaten SMEs growth plans

Despite being the first increase in almost four years, last week’s interest rate rise of 0.25 per cent to 3.75…


Bibby’s takeover of Abbey National supports consolidation view

Bibby’s purchase of the factoring arm of Abbey National is another step towards their goal of becoming the largest global…

#acquisition#poland#Two


Cattles funds enterprising entrepreneurs

Funding from Cattles Invoice Finance has enabled four Leeds-based entrepreneurs to set up their own sheet metal engineering business after…

#cash-flow#funding#invoice


Enterprise Finance Europe (UK) first year results

Enterprise Finance Europe (UK) Ltd, a wholly owned subsidiary of Enterprise Finance Europe and part of the Bank of Ireland…


Abbey agrees sale of factoring operation to Bibby Financial...

Abbey National plc (Abbey) has reached an agreement to sell its factoring business to the Bibby Financial Services Group. The…

#bank#financial services#invoice


Drop in company insolvencies no real tonic for the...

The number of company insolvencies in England and Wales in the second quarter of 2003 has dropped by 11.2% on…


Cattles is main backer of Instant Bank,which will target...

An Edinburgh businessman, Gerard Boyle, has raised Ј30 million to set up a new business banking group aimed purely at…


Insolvencies in Q3 2003

Statistics showing insolvencies in the third quarter 2003 are published today (7 November) by the Department of Trade and Industry.…

#insolvencies#trade


SMEs offered access to EU billions

The Sixth Framework Programme, known as FP6, is the EU's main way of providing funding for collaborative research and innovation…

#awards#European Commission#funding


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…

#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

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