Manufacturers attacked the Bank of England yesterday for holding interest rates at 4 per cent for the 13th successive month - but business and mortgage lenders broadly welcomed the decision.
The first repercussions resulting from this fraud investigation are beginning to emerge.
Nick Grainger, managing director of Finance Credit Limited, the UK subsidiary, today issued the following statement:
Businesses do not share the chancellor's optimism in a swift revival of growth next year, according to several confidence surveys released today.
Leading business finance firm, Bibby Financial Services has been awarded the “Best Factor and Invoice Discounter of the Year” award by the commercial finance industry at the 2002 Business Finance Awards in London.
Thousands of small businesses will find it easier to obtain bank loans because of changes announced in today's Pre Budget Report.
Euro Sales Finance has released its financial statement for the six-month period ended 31 December 2001. The company recorded a turnover of Ј9.9m but experienced a huge loss for the period of Ј23.3m.
Environmental pressure groups will meet officials from the Organisation for Economic Co-operation and Development today as they launch a campaign for tough social and environmental guidelines to be imposed on European export credit agencies.
Latest research from the Credit Management Research Centre (CMRC) at Leeds University Business School, and member of the Better Payment Practice Group (BPPG), reveals that businesses are not using the late payment legislation to their best advanta
Factor 21 plc has released its financial statement for the year ended 30 June 2002. The company, formed on 1 June 2001, reported a turnover of Ј337,288 for the financial year and profit before tax of Ј85,329.
THE UK recovery suffered a setback today after a survey showed how small and medium-sized manufacturers were continuing to suffer from gloomy trading conditions.
