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Index Highlights Market Deterioration for SMEs

According to the latest SME Index from Zurich UK Commercial, a staggering 80% of small businesses say their markets are now more competitive than they were in July and August last year. The two main reasons for this are new...

#late payment#small businesses#smes

Cautious Expansion of Manufacturing Activity Continues in March

March saw further tentative growth of the UK manufacturing economy. Not only did the seasonally-adjusted CIPS/Reuters Purchasing Managers’ Index (PMI…

#Boost#DEC#economy


Factoring Chief Welcomes Competition Commission Report

The report of the Competition Commission into the treatment of small business by the major clearing banks has been enthusiastically…


Profits Rise by 43% at DCD Factors

London-based factoring company DCD Factors have today released their annual accounts for the year ended 31 December 2001. The year…


HSBC Reviews the Government's Competition Commission Findings

HSBC has received the government’s response to the Competition Commission’s inquiry into banking services for small and medium sized businesses…

#bank#financial services#international


Government Accepts Recommendations of Competition Commission re Supply of...

The Government has accepted in full the findings and recommendations of the independent Competition Commission following its investigation into the…


Year of Consolidation at Puts Alliance Trade Finance on...

Alliance Trade Finance, the speciality trade finance provider, today released their annual accounts for the year ended 31 July 2001.…

#BCR Publishing#channel#trade


Late Payments Legislation Due for Early Delivery

A European Commission Directive that gives businesses the right to claim interest on late payments will come into effect on…

#cash-flow#European Commission#forum


Banking Industry Takes the Lead with Advice for SMEs

New research on projected borrowing patterns highlights need for better relationships between banks and SMEs The British Bankers' Association today…

#bank#Bank of England#regulation


Losses More than Double at Singer and Friedlander Factors

The accounts of Singer and Friedlander Factors Ltd for the year ended 31 December 2001 have today been released, showing…

#BCR Publishing#invoice


HSBC Invoice Finance Records 10% Profit Increase

HSBC Invoice Finance (UK) ltd, the factoring and invoice discounting arm of HSBC, has today released its annual accounts for…


Barclays Research Shows Increasing Optimism for Start Ups in...

While business start-ups totalled 342,000 in 2001, down 15% on the previous year, the small business picture is not as…

Small Business Banking Code Aims to Stave Off Regulation

The British Bankers’ Association will launch a code of conduct today covering small businesses, pitching for improved self-regulation ahead of…

#bank#regulation#small business

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