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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 (SMEs) and issued the following statement: “We applaud the chancellor’s stated belief that profits are essential to a market economy...

#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


NMB Heller Record 11% Profit Increase

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


FDA Reports 16% Increase in Total Client Sales in...

The Factors and Invoice Discounters Association, the trade body representing the interests of factors and invoice discounters operating within the…


Service Sector Recovery Continues as New Business and Activity...

February’s survey provided further signs of recovery within the UK private sector services economy. The seasonally adjusted Business Activity Index…

PMI Signals Tentative Manufacturing Growth for the First Time...

The seasonally-adjusted Purchasing Managers’ Index (PMI- a composite indicator designed to an overall view of the manufacturing economy), signalled marginal…

#economy#investment

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