CCR Magazine

You are here  :Home arrow News arrow Commercial Credit News
Contact Us Newsletter Signup RSS Feeds

Commercial Credit News
Banking code to become legally binding
Friday, 05 December 2008

The British Bankers' Association (BBA) said that bringing the Banking Code more firmly into statutory regulation is now appropriate and that it has no problems with this approach.

Read more...
 
New director for LCL Collections Limited
Friday, 05 December 2008

Andrew Langton has been appointed a director of LCL Collections Limited, the Yorkshire based National B2B debt collection business. Managing Director Gerry Barron said: "Andrew has been an integral part of the growth of the business and has worked hard to develop our brand across a crucial part of the client base and we are pleased that his hard work is reflected in his appointment to the Board”

Read more...
 
Banks urged to pass on interest rate cut to small businesses
Thursday, 04 December 2008

The Forum of Private Business (FPB) is welcoming the Bank of England’s decision to slash interest rates to 2% – the lowest level since 1951 – but warning that struggling small businesses will only benefit if the banks follow suit.

Read more...
 
UK Business failures set to rocket by 50%
Thursday, 04 December 2008

The number of UK business failures is predicted to increase by almost 50% in 2009, from 2008, according to the latest report by accountants and business advisors, BDO Stoy Hayward LLP. 

Read more...
 
Paperwork cuts save time and money
Thursday, 04 December 2008

Businesses are saving an estimated £418m a year from the costs of dealing with employment law, new research has found. According to the Department for Business, Enterprise and Regulatory Reform (National) (BERR), free advice and simple online tools have helped firms cut the time and money they spend on compliance.

Read more...
 
Amlin closes for new business
Thursday, 04 December 2008

The troubled credit insurance sector has suffered a further blow with the complete withdrawal from the market by Amlin. The insurance group has decided not to write any new policies for businesses supplying goods to other businesses on credit, partially because of problems securing reinsurance.

Read more...
 
French govt steps in to offer credit insurance
Thursday, 04 December 2008

The French government is set to provide insurance to companies who offer credit to the businesses they trade with. As the threat of insolvency increases with the slowdown, insurers are less willing to provide credit insurance. Without this insurance against not being paid, many suppliers are unwilling to offer credit to customers, forcing them to pay cash.

Read more...
 
Woolworths closure hits Euler revenues
Thursday, 04 December 2008

Following the bankruptcy of Woolworths Group (UK) and higher than expected claims development in the fourth quarter, Euler Hermes has revised its 2008 results to €100 million. The Woolworths Group had to file for bankruptcy after unsuccessful negotiations with the banks last week. 

Read more...
 
FPB launches franchising awareness campaign
Wednesday, 03 December 2008

An organisation which represents the interests of thousands of small businesses in the UK has launched a campaign to raise awareness of franchising to its members. The Forum of Private Business (FPB), which has its headquarters in Knutsford, Cheshire, believes that franchising could be a solution for some firms that are still in a position to expand but are struggling to raise the finance from banks at the moment.

Read more...
 
Government legislation on additional business rates criticised
Wednesday, 03 December 2008

A proposed law allowing local authorities to impose additional rates on small businesses is being criticised by the Forum of Private Business (FPB). The Business Rate Supplements Bill was not mentioned in the Queen’s Speech, but has been announced as part of 2009’s legislative programme. The FPB believes that small firms already pay too much in tax, and is opposing plans to levy supplementary business rates (SBR) from 2010.

Read more...
 
Banks' lending risk to small business 'overstated'
Tuesday, 02 December 2008

The Forum of Private Business (FPB), which represents 25,000 small and medium-sized businesses across the UK, believes that the banking sector should be put under more pressure based upon what its own industry figures reveal.

Read more...
 
<< Start < Prev 401 402 403 404 405 406 407 408 409 410 Next > End >>

Results 4401 - 4411 of 4505

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

Commercial Sponsor

This Commercial Credit News section area is currently available for sponsorship.   

Please click here to contact us about our site sponsorship opportunities

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197