It has been announced that the JMH Financial Services Group has made a recommended offer to acquire Demica plc. This offer has now been declared unconditional. The JMH Financial Services Group is a division of J.M.
According to a new survey by the Confederation of British Industry (CBI), small and medium sized manufacturers have seen orders and output fall at the fastest rate for a year.
The FDA has released its third quarter statistics. The figures show that export factoring and invoice discounting services have decreased in volume for the year-to-date September 2002 compared with the year-to-date September 2001.
GE Capital Commercial Finance Ltd has released its financial statement for the year ended 31 December 2001. The company reported a 20.7% increase in turnover to Ј9.58 million for 2001 compared with Ј7.94 million for year ended 31 December 2000.
Cattles Plc. has released its annual report and financial statement for the year ended 31 December 2001.
The Federation of Small Businesses, with a membership of 170,000, has expressed concern that a number of small businesses were trading illegally as a result of their inability to secure adequate employers’ liability, professional indemnity and pub
European shares were set to rally today after the Federal Reserve delivered a surprise half-point cut in U.S. interest rates yesterday in an aggressive bid to re-ignite the flagging U.S. economic recovery.
Statistics showing insolvencies in the third quarter 2002 were published 1 November by the Department of Trade and Industry.
COMPANY INSOLVENCIES
This week is expected to see the resumption of interest rate cuts by the US Federal Reserve following an 11 month pause as signs of a weakening US economy and the looming threat of war in Iraq are seen prompting the Fed's move.
Current UK money laundering regulations require financial institutions to apply adequate due diligence when assessing clients.
