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Commercial Credit News
FSB in Scotland on RBS closures
Friday, 24 March 2017
New bank branch closures have been announced by RBS. 
Bibby Financial Services re-structures its global executive team
Thursday, 23 March 2017
Bibby Financial Services (BFS) today announces a re-structure of its global executive team to further enhance its strategy to focus and grow its operations in key markets around the world.  
National commercial property consultancy joins the ASTL
Thursday, 23 March 2017
The commercial property consultancy Lambert Smith Hampton (LSH) has joined the Association of Short Term Lenders (ASTL) as an associate member. The firm’s membership will add to the growing diversity of the thriving trade body.
Michael Bills Promoted to Managing Director in our UK Restructuring Advisory Practice
Thursday, 23 March 2017
Duff & Phelps is pleased to announce that Michael Bills has been promoted to a managing director in our London office as part of the Restructuring Advisory practice.
Manufacturing SMEs optimistic
Tuesday, 21 March 2017
Almost half of SMEs (49%) across the manufacturing sector have aspirations for growth over the next three months, compared with only 31% six months ago immediately after the EU referendum, according to the new quarterly research from Hitachi Capital’s British Business Barometer. The percentage of SMEs anticipating decline is also down from 12% to 9%, suggesting improved levels of confidence within the sector.  
Comment/opinion on the triggering of Article 50 - Markus Kuger, Senior Economist at Dun & Bradstreet
Tuesday, 21 March 2017
“Theresa May’s plans to start Britain’s withdrawal process from the European Union on March 29 are sure to be met with a combination of relief and concern in equal measure. While we expected the Prime Minister to confirm Britain’s exit from the EU by the end of the month, setting a concrete date for the process to begin will offer some relative certainty to an increasingly complex matter. However, it will take two years for the UK to fully leave the EU and this won’t be enough time for the UK to negotiate new, post-Brexit relationships. What’s more likely is an interim agreement to get through the next few years and we believe full independence won’t be secured until the mid-2020s at the earliest.   
Price Bailey Insolvency Practitioners appointed to Millivres Prowler Limited
Tuesday, 21 March 2017
Paul Pittman and Guy Harrison of the Accountants and Business Advisers, Price Bailey LLP, were appointed Joint Administrators of Millivres Prowler Limited (MPL) on 20/3/17. 
LBG debuts revenue share offering for IF brokers
Tuesday, 21 March 2017
Lloyds Bank Commercial Banking has launched a new commission structure for brokers who introduce their clients to its invoice finance services. 
Small firms’ trade deal priorities revealed
Tuesday, 21 March 2017
Securing continued access to EU markets is a top priority for UK smaller firms when it comes to future trade deals, new research by the Federation of Small Businesses reveals. 
CMA launch campaign to crack down on cartels
Monday, 20 March 2017
Whistleblowers are being offered up to £100,000, as the CMA launches its first-ever advertising campaign to crack down on cartels. 
Construction figures on the increase across February
Friday, 17 March 2017
Spearheaded by strong performances from the housing and hotel, leisure & sport sectors, overall contract value for the construction industry in February reached £6.4 billion based on a three month rolling average, a 15.4 per cent increase on the same month last year. 
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