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A European Commission Directive that gives businesses the right to claim interest on late payments will come into effect on 8 August 2002, three months earlier than envisaged. The legislation was originally due to be implemented in the UK on...
#cash-flow#European Commission#forum
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
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 (UK) ltd, the factoring and invoice discounting arm of HSBC, has today released its annual accounts for…
While business start-ups totalled 342,000 in 2001, down 15% on the previous year, the small business picture is not as…
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
NMB- Heller Ltd have today released their annual accounts for the year ended 31 December 2001. Pre-taxation profits have risen…
#business finance#invoice#trade
The Factors and Invoice Discounters Association, the trade body representing the interests of factors and invoice discounters operating within the…
February’s survey provided further signs of recovery within the UK private sector services economy. The seasonally adjusted Business Activity Index…
The seasonally-adjusted Purchasing Managers’ Index (PMI- a composite indicator designed to an overall view of the manufacturing economy), signalled marginal…
#economy#investment
Competition Minister Melanie Johnson has accepted undertakings from Lloyds TSB Group plc in relation to Abbey National plc. The undertakings…
#acquisition#Commercial Credit#commercial finance
A report reviewing how each EU member state is implementing the Small Firms Charter is published today in Brussels by…
Smaller firms are fighting against the downturn in manufacturing, and many can boast booming order books. According to a recent…