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A survey carried out by credit management company Intrum Justicia has revealed the cost to British business of late payments stands at Ј20b a year. 9,000 companies were surveyed in 22 EU Countries. Focusing on the UK, only 53% of...
#British business#late payment#management
The Hongkong and Shanghai Banking Corporation (HSBC) Limited has appointed Alistair Currie as head of trade services Asia Pacific, effective…
#bank#trade#WHO
The trade secretary of the Philippines, Cesar V. Purisima, yesterday said more people should start up small- and medium-sized enterprises,…
#economy#forum#smes
The UK government's Small Business Service (SBS) is not doing enough to help small businesses or the investors willing to…
#interest rates#regulation#risk
Ceramic Prints, listed as one of Britain's fastest-growing firms, has been bought by a team led by Jon Davies, who…
#acquisition#commercial finance#investment
A Norfolk-based crane business is aiming to double its annual turnover from the present Ј15m in the next 10 years…
#commercial finance#WHO
In an effort to rescue small- and medium-sized companies (SMEs) struggling with financial difficulties, banks are forming private equity funds…
#bank#management#risk
Cattles Invoice Finance has funded the management buy-out (MBO) of Wakefield-based Grosvenor Transformers from the Grosvenor Group. The deal will…
#cash-flow#invoice#management
I commend the note on the website of the Accountants' Joint Disciplinary Scheme on the spectacular audit failure at Versailles…
#assignment#channel#i
Entrepreneurs who completed a four-week course on establishing small- and medium- sized enterprises (SMEs) at the Jeddah Chamber of Commerce…
#cash-flow#interest#smes
The Board of Ultimate Finance Group PLC (UFG) is pleased to announce that its offer for subscription of up to…
#funding#investment#invoice
Another top former FleetBoston Financial executive has left Bank of America Corp. to be replaced by a long-time BofA staffer,…
#bank#Bank of America#banks
Carl Cushnie, once Britain's most successful black businessman, was yesterday convicted for his part in one of the country's biggest…
#banks#forum#frauds