Cut-price tenders to win construction contracts could end up with companies incurring huge losses, according to latest risk analysis by Atradius, one of the UK's leading credit insurers in the construction industry.
Bury-based Regency Factors plc has reported pre-tax profits of Ј223,382 for the year ended 31 January 2004, an increase of 10.27% compared to the previous twelve months’ figure of Ј202,570.
Lloyds TSB Scotland is expanding its new corporate offices in Glasgow just six months after moving in, leasing an additional floor of the building on the back of a surge in business.
The Bank of England raised the main interest rate by a quarter-point to 4.5 per cent today, in a move that economists said was partly aimed at tempering the buoyant housing market.
Lawyers for Carl Cushnie, the convicted trade finance fraudster, will today seek to have his six-year prison sentence reduced to a community service order - only two days after it was handed down.
Before it even opened its doors, RFC Recruitment Solutions Ltd (RFC) faced its first financial hurdle. If in week one it placed fourteen people into jobs, by week two it would have fourteen salaries to pay.
Around 100 jobs have been saved at a Midland plastic injection moulded component maker after Birmingham-based Eurofactor stepped in with Ј1 million in funding at Plastic Technologies (PTL), Smethwick when its current funder pulled out of a factori
Small- and medium-sized enterprises (SMEs) will be able to win a free legal consultation over their intellectual property assets as part of a campaign designed to raise awareness about the importance of commercial know-how.
London Scottish Bank PLC said all its businesses continue to show positive progress with particularly strong performances from the Factoring and Leasing division and Robinson Way as it reported a rise in first-half pre-tax profit to Ј9.2million, u
Ceramic Prints, listed as one of Britain's fastest-growing firms, has been bought by a team led by Jon Davies, who becomes chief executive. It is the second buy-out involving the firm.
