Chancellor George Osborne delivered his seventh budget earlier today. He offered Britain a ‘new contract’ – but what does this mean for businesses? The economy grew by 3% in 2014… read more →
By 2016, over half of the UK’s SMEs expect to be exporting their goods and services around the world; that’s an increase of one fifth over the next year. This… read more →
Letters of Credit (LCs) are instruments which guarantee sellers payment if certain terms and conditions are met. They are frequently used in international transactions and have many different types. We… read more →
Trade Finance is usually used in international commerce in order to pay trading partner when doing overseas business. It is usually used on its own or coupled with invoice finance… read more →
Cash flow is crucial in any business. No matter what your turnover or net profits are, if you don’t have enough cash to pay your employees at the end of… read more →
According to a recent announcement by the Office for National Statistics (ONS) the UK are doing really well in manufacturing industry. Most people assume that the UKs reliability for manufacturing… read more →
In the Bank of England January 2014 Trends in Lending report some interesting changes are outlined. In the report, the Bank of England looked at major UK lenders including Banco… read more →