UK

The Factors and Discounters Association (FDA), the trade body representing factors and invoice discounters in the UK, has released the following figures.

Leading business finance firm Bibby Financial Services launched a free guide last week to help business owners trade through a slowdown in the economy.

More businesses are turning to invoice discounting to assist their export drive into Europe finds the latest Factors & Discounters Association (FDA) figures.

Euro Sales Finance (Euro Sales), a specialist provider of invoice discounting and factoring services, has gained membership of the Factors and Discounters Association (FDA) for its business in the UK, as a result of its purchase by The Royal Bank

Small Business Minister Nigel Griffiths today announced a new package of measures to help combat late payment of bills - a problem that's estimated to cost small businesses nearly Ј7 billion at any one time.

Research carried out by the Credit Management Research Centre (CMRC), a member of the Better Payment Practice Group, has highlighted concerns from UK exporters about the effect of late payment on their business.

Eurofactor (UK) Ltd have recorded a substantial increase in profit in their accounts for the year ended 31 December 2001.

Back Office Support Services Limited, a financial company that offers independent and professional business support to the recruitment industry and whose services include factoring, has enjoyed substantial growth during the period 31 July 2000 to

The Bank of England has published their ninth quarterly report on small business statistics. The survey evidence in the report presents the following findings:

Business Environment

A new survey confirms that the UK is one of the best places in the world to do business, Department of Trade and Industry Minister Nigel Griffiths said yesterday.