So, a former well respected head of the Nasdaq stock exchange has admitted to his companies perpetrating a 50 billion dollar fraud, with the banks aro...
View articleWell now, there may be some Christmas cheer for small suppliers to some government bodies; I’ve seen evidence that some government departments h...
View articleBusiness secretary Peter Mandelson has his finger on the pulse of SME Britain, and knows only too well that the lack of credit from banks and late pay...
View articleLast month, the Business and Enterprise Committee appointed by the House of Commons, and made up of a number of MPs, published its report on the worki...
View articleAs I’ve already discussed in this blog a few days ago, the leading credit insurers like Euler Hermes, Atradius etc are being criticised in the p...
View articleI’m not surprised the Chancellor and PM are exasperated with the banks’ apparent reluctance to lend money to consumers and businesses at r...
View articleCredit insurers are taking a lot of flak in the financial press over pulling cover on buyer risks, leaving policyholders less protected in the event o...
View articleIt’s happened in the past, and it’s happening again……credit insurance policyholders are beginning to criticise the insurers fo...
View articleUnder a bit of government pressure, banks are lining up today pledging to pass on big interest rate cuts to customers following the MPC’s histor...
View articleWell, the Bank of England’s Monetary Policy Committee’s surprise package today has put the major clearers on the back foot a little. In pa...
View articleINSIDER just wrote in his blog that auditors are having a good crisis. This seems to be borne out in some research that my firm Graydon is doing among...
View articleThe Competition Commission has been negotiating with the big supermarkets over the last few months as to how an Ombudsman could be installed to overse...
View articleThe Government has made it’s intentions clear over the weekend about helping out small businesses and consumers through this liquidity crisis by...
View articleThe Government’s massive but bold intervention to ease the banking crisis is designed to shore up confidence and to provide liquidity into the s...
View articleOK! let’s not make jokes about the fact that depositors at ICESAVE Bank in Iceland have had their money “frozen” as the parent Lands...
View articleNot surprisingly, Car sales have been on the slide for a number of months now as consumers have had to batten down the hatches. However, the news this...
View articleBack in July ,Richard Thomas, the Information Commissioner and Dr Mark Walport, director of the Wellcome Trust published the Data Sharing Review for t...
View articleEconomic commentators have been warning businesses for some time to batten down the hatches, cut costs, and be prudent in order to ride out the credit...
View articleThe credit crisis stemming from the US sub prime lending debacle is now just over a year old, and is still unravelling in spectacular style. Who would...
View articleI guess like most Britons, I was surprised to wake up last Saturday to the news that the Chancellor of the Exchequer believes we’re facing the w...
View articleThere’s nothing like an economic downturn to focus corporate minds on just how important cash flow management is to a business. Accountancy Age ...
View articleThe Government in the shape of BERR has just published its response to responses to consultation on a key aspect of the 2006 Companies Act relating to...
View articleBack in June on this blog, I asked the question whether we were experiencing a calm before the storm, as the effects of the credit crunch, rising fuel...
View articleAt the weekend, I learned that BERR has completely withdrawn funding support for the website, “payontime.co.uk”, run by the Better Payment...
View articleAll this talk in the press about Government being urged to intervene on behalf of small businesses to clean up late payment culture in this country...
View articleA whole host of news stories are appearing in the national press about large companies bullying their suppliers by extending payment terms…̷...
View articleI was a bit surprised to read in the Daily Telegraph on the 8th july about a Barclays Bank idea to offer free of charge credit checks to its 580, 000 ...
View article