UK

The Export Credits Guarantee Department (ECGD) is set to resume cover for UK exporters and investors to Libya after a GBP20 million settlement of old debts.

The Export Credits Guarantee Department (ECGD) is set to resume cover for UK exporters and investors to Libya after a GBPЈ20million settlement of old debts.

Bibby Factors West Midlands, a specialist provider of business cash flow solutions, has today appointed Andrew Dixon as managing director.

The industry's third quarter statistics for 2003 demonstrate that export factoring and invoice discounting has seen a period of sustained growth as the industry turnover approaches a record Ј30billion.

Hull-based recruitment firm, The PSR Group, has undergone a management buy-out (MBO), led by Aisling Murray and Jayne Beardshaw with assistance from Leeds-based Cattles Invoice Finance. The new company will be known as Beardshaw Murray Limited.

The relationship between business and government is not easy at the best of times. But it has been particularly difficult when it comes to the delicate matter of the state handing out money to support the nation's entrepreneurs.

The British Bankers Association (BBA) has launched a new diploma course to recognise professional standards in money laundering prevention.

Nearly two-thirds (60 per cent) of UK businesses have grown their turnover in the last 12 months, with almost a quarter (21 per cent) achieving “fast lane” growth, according to research by HSBC Bank.

Glasgow based Cattles Invoice Finance has strengthened its management team with the appointment of Mandy Butler as client manager for Scotland.

The Private Finance Initiative (PFI) market is worth around Ј4.5 billion per year but most small- and medium-sized enterprises (SMEs) fail to win contracts, or often even to bid, in this area because of a lack of understanding as to how the proces