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UK Businesses Urged to Participate in Consultations over European...

The Better Payment Practice Group is urging UK businesses to take part in the consultation process on implementing a European Commission directive on combating late payment. The consultation document can be seen on its website (www.payontime.co.uk) and businesses have until...

#European Commission#interest#late payment

Bancorp’s Factoring Income Drives Record Q1 Figures

Sterling Bancorp today announced record figures for the three months ended 31 March 2001. Net income for their factoring operation…

#interest


Bank of England Votes to Maintain Interest Rates

The Bank of England's Monetary Policy Committee today voted to maintain the Bank's repo rate at 5.75%. The minutes of…

#bank#Bank of England#interest


Bank of England Vote on Interest Rates

The Bank of England's Monetary Policy Committee today voted to maintain the bank's repo rate at 6%. The minutes of…

#bank#Bank of England#interest


UK Government to Explore Over-indebtedness Causes and Solutions

The UK Department of Trade and Industry has set up a task force to examine the causes of over-indebtedness and…

#interest#trade


Businesses Voice Fears Over Interest Rate Rises

There are concerns that the recent interest rate rises in Australia will shatter levels of confidence, leading to a fall…

#economy#interest#interest rate


Interest Rate Rises

Interest rates in Australia have been raised for the fifth time in nine months. The new rate was set at…

#bank#inflation#interest


Versailles’ Investors Launch Court Action in British Virgin Islands

Two members of the group of wealthy individuals that helped fund the trade finance group Versailles (which went into receivership…

#channel#interest#trade

Positive Reaction to Mexican Election

The election result for 2 July was better than expected. The financial markets reacted very well, with falls in country…

#interest#interest rates#risk

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