New figures released by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) fell in June by 3% compared with the same month in 2017, but grew by 5% in the second quarter of 2018 as a whole. The commercial vehicle finance and IT equipment finance sectors…

A new study from Dun & Bradstreet has revealed that while finance leaders remain tasked with business profitability, their remit has expanded to include the sharing of data across the organisation and management of risk. The Risk Revolution report found the top challenge for finance leaders today is monitoring risks within a business’ customer, supplier, or partner…

The formal launch of the new Republic of Ireland Branch of the Chartered Institute of Credit Management (CICM) will take place at Croke Park on 17th September. The day will commence with a best practice conference featuring topics such how the CICM will support credit managers in the country, the role of Artificial Intelligence and…

Administration notices have been issued and advertised in the London Gazette for the following companies: 1313 BATH LTD 25 W2 LTD 4FIBS LLP ACCIDENT ADVICE SOLICITORS LTD ACTON COACHWORKS(SPORTS CARS) LTD ALCHEMY COATINGS LTD ANACO SYSTEMS LTD ANGUS CEREALS LTD APS DEVELOPMENTS LTD ARMOUR CONTRACTS LTD ASCOT LAWYERS LTD AURELIA (RESTAURANT) LTD AWH UTILITY SERVICES LTD…

Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 101 ARTISTS LTD 1ST CHOICE BUSINESS SOLUTIONS LTD 36 SCARBOROUGH AVENUE LTD 36415201 LTD 4FIBS LLP A & W ROOFING SERVICES LTD A LEECH LTD A S BURNS LTD A-CLASS ASPHALTING LTD A.C.T DAMP & RENOVATIONS LTD ACQUISITION…

The number of debt decrees registered against Scottish businesses rose sharply during the first half of 2018, according to the latest figures released by the Registry Trust. There were 1,573 decrees issued against all businesses in Scotland during Q1 and Q2 2018, 31 percent more than during the same period of the previous year. A massive 64…

The number of business debt judgments registered in the Republic of Ireland has decreased, according to the latest figures released by Registry Trust. A decrease in the volume of business judgments, coupled with a 16 percent drop in the average judgment’s value led to a 39 percent fall in the total value of business judgments. The…

A positive global trend to strengthen corporate balance sheets and reduce gearing is masking a rise in leverage in vulnerable sectors and regions, creating hotspots of increased risk for cross-border trade, according to the world’s leading trade credit insurer Euler Hermes. The findings come as Euler Hermes publishes its latest research on global corporate debt,…

The number of debt judgments marked as satisfied in Jersey almost halved during the first half of 2018, according to figures released today by Registry Trust.     In Q1 and Q2 2018, a total of 895 debt judgments were made, four percent fewer than during the same period last year. Despite falling in number, the total…

Small firms are finding it increasingly costly to raise new finance, according to the latest research from the Federation of Small Businesses (FSB). The findings were announced ahead of a Bank of England (BoE) decision to raise interest rates to 0.75% Four in ten (42%) small firms describe new credit as ‘unaffordable’ in Q3 2018,…

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