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Insolvencies in the UK Q4 2002

There were 4,323 company insolvencies in England and Wales in the fourth quarter of 2002 on a seasonally adjusted basis. This was an increase of 11.1 per cent on the previous quarter and an increase of 14.9 per cent on...

Penalties beefed up over late payments

Disputes over late business payments are popularly depicted as a David and Goliath struggle between a small supplier and a…


GE's global strategy includes commercial finance expansion

The purchase of First National's consumer credit operation fits with the global strategy of one of the world's largest conglomerates.…


Bankers and lawyers advise investors to flee the retail...

Bankers and lawyers are advising investors to pull out of the retail, automotive, insurance, household and textiles and telecom sectors…


Numerica business recovery group awarded ISO 9001: 2000 accreditation

Business services group Numerica Group plc today announced that, following an audit by the International Standards Organisation(ISO), its ISO 9001…

#international#management#risk


First economic indicator of the month

Manufacturing economy contracts more sharply in January as new business falls and capacity is cut. For the first time since…

#economy#inflation#investment


Experian reports dramatic fall in insolvencies in January 2003

The UK recorded a dramatic fall in business failures in January following the introduction of the new Voluntary Arrangement moratorium…


RBS' invoice discounter poaches GE Capital man

Euro Sales Finance, the invoice discounting and factoring services arm of RBS, has appointed Steve Merchant, ex-regional director of GE…

#commercial finance#invoice#MAN


North West is the company collapse capital of the...

Bolton and Manchester are the UK's biggest business graveyards with more than twice the national average of companies going bust,…

#R3


Small Business Minister launches mentoring scheme for young entrepreneurs

A new drive to champion entrepreneurs and inspire youngsters to consider a career in business was launched today by Small…

#awards#funding#i


Grant Thornton's recovery and reorganisation practice appoints new partner

Leading business and financial adviser Grant Thornton today announced the appointment to partner of Samantha Keen in its Recovery and…

#insolvencies#insolvency#international


New head of Abbey National Cash Flow Finance

Adrian Taylor joins Abbey National Business to head its Cash Flow Finance at a time when the bank is attempting…

Institute of Export joins forces with GERLING NCM to...

The Institute of Export and GERLING NCM, one of the world's leading credit insurance and receivables management companies, today announced…

#bad debts#debt collection#exporters

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