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Company insolvencies fall by 10% in first quarter 2003

The number of insolvent companies in England and Wales fell by 10% in the first quarter of 2003 compared to the same period a year ago, according to figures released today by the DTI and analysed by PricewaterhouseCoopers. The fall...

Gazelle acquires Deutsche Bank debt restructuring advisory team

Gazelle Corporate Finance, a leading, independent, London-based merger and acquisition adviser has scooped up Deutsche Bank's mid-market debt restructuring advisory…

#acquisition#bank#corporate finance


Basel II sums up the future for credit risk

Rules published this week by the Basel Committee on Banking Supervision in its third and final consultative paper will replace…

#bank#banks#credit risk


The Institute of Chartered Accountants cracks the whip on...

The biggest UK regulator of insolvency practitioners (IPs) has stepped up its enforcement against abuses with more and heavier penalties…

#insolvency#regulation#trade


Company insolvency statistics for the first quarter 2003

Statistics showing insolvencies in the first quarter 2003 are published today (2 May) by the Department of Trade and Industry.…

#insolvencies#insolvency#trade


Ronson plc change banks to HSBC and move to...

Ronson plc announced its interim results to 31 December 2002 and declared a pre-tax profit of Ј15,000 and overall turnover…

#bank#banks#invoice


ECGD urges Export Credit Agencies to work in partnership

The UK's Export Credits Guarantee Department (ECGD) has renewed its commitment to keep sustainable development at the heart of its…

#exporters#forum#guarantee


Bad debt provision causes Aston Rothbury Factor’s profits to...

Aston Rothbury Factors Limited’s latest financial statement, for the year ended 31 March 2002, attributed the company’s decrease in profit…

#AR#Bill#insurance


Invoice financing usage up, leasing down – Bank of...

Invoice financing provided to small- and medium-size enterprises (SMEs) rose towards the end of 2002, although the use of leasing…


The president of the Association of Business Recovery Professionals...

John Verrill, the president of the Association of Business Recovery Professionals(R3), the body representing insolvency practitioners and company doctors, slammed…

#banks#insolvency#Paid


Insolvency practitioner loses licence to practise after being convicted...

An insolvency practitioner has lost his licence to practice after being convicted of conspiracy to defraud creditors. Sudhir Rishi, also…

#insolvency#trade#WHO


The Association of Business Recovery Professionals, R3, appoints a...

John Verrill, head of corporate recovery and partner at leading law firm Lawrence Graham, was today appointed president of R3,…

Poland has become the UK's leading export market in...

As more eastern European countries prepare to join the European Union next year, Poland has become the UK's leading export…

#bank#exporters#International Trade

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