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Abbey National plc (Abbey) has reached an agreement to sell its factoring business to the Bibby Financial Services Group. The deal is expected to complete on 1 December 2003. The sale of Abbey Business Cashflow Finance is a reflection of...
#bank#financial services#invoice
The number of company insolvencies in England and Wales in the second quarter of 2003 has dropped by 11.2% on…
An Edinburgh businessman, Gerard Boyle, has raised Ј30 million to set up a new business banking group aimed purely at…
Statistics showing insolvencies in the third quarter 2003 are published today (7 November) by the Department of Trade and Industry.…
#insolvencies#trade
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
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 Insurance Brokers has launched Cover Credit, a real-time, interactive on-line trade credit insurance service for small- and medium-sized businesses…
ACCA (the Association of Chartered Certified Accountants) warns that UK businesses - especially small- to medium-sized enterprises (SMEs) - will…
#ACCA#inflation#international
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
Legislation brought in last year has made little impact on the UK's chronic problem of late payment, a survey by…
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
Detailed conference programmes and conference guidance notes have now been issued to all those who have registered for the FDA…
#conference#WHO
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