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Better Payment Practice Group responds to Experian research and...

The Better Payment Practice Group (BPPG) welcomes any new research into credit management issues. We would however like to comment on the Experian press release (4 August) and associated comments concerning the late payment legislation. The Experian research focused on...

Five Arrows increase turnover, profits up by 17.5%

Manchester-based Five Arrows Commercial Finance Limited have recorded a 17.5% increase in pre-tax profits for the 12 months to 31…

#commercial finance#invoice


Service sector growth picks up, strong gains in new...

July’s CIPS/Reuters survey of the UK private sector services economy signalled expansion of activity in the sector for a fourth…


Business confidence falls in all but two regions but...

Business confidence has fallen in nine of the UK's 11 regions, with the two exceptions only narrowly escaping a fall…

#bank#Bank of England#exporters


Survey finds British businesses still favour overdraft to fund

When it comes to funding the growth of their business, nearly three quarters (72 per cent) of British businesses turn…


Report claims recent late payment legislation is largely unenforceable...

An article by Graeme Forbes, head of corporate finance at Grant Thornton The business outlook for small- and medium-size enterprises…

#bank#Bank of England#invoice


Quarter 2 company insolvency figures released

Statistics showing insolvencies in the second quarter 2003 are published today (1 August) by the Department of Trade and Industry.…


Lloyds TSB reports increased profits in factoring and commercial...

Lloyds TSB Group’s Wholesale Markets sector, which includes Lloyds TSB Commercial Finance and Alex Lawrie Factors, has reported a pre-tax…


Economy fear grips SMEs

Twice-yearly research by the Small Business Research Trust and Natwest bank shows that red tape is no longer small firms'…

#bank#international#International Trade


Independent Growth Finance expands further in the West Midlands

Independent Growth Finance (IGF) continues to grow its team in the Midlands with the appointment of Mike Bailey as regional…

#bank#IGF#insolvency


UK depends on global economic upturn as British economy...

Discussing the results from the Q2 2003 Quarterly Economic Survey, the director general of the British Chambers of Commerce (BCC),…

#bank#Bank of England#Boost


The VAT trap

The Finance Bill now includes two new measures to combat VAT Supply Carousel Fraud but with potentially wider effect. The…

Eurofactor (UK) open regional office in Birmingham

Eurofactor (UK) Limited, an independent specialist in factoring and invoice discounting, has appointed Gerry Donnelly to head up its new…

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