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Editor John Arnold - E-mail: jarnold@creditman.co.uk This week's issue of the Business Credit News UK is brought to you in association with the Institute of Credit Management (ICM)
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Telephone 01780 722903 or email newmembers@icm.org.uk ================== Current News ================== - USA - Substantial Increase In Business Bankruptcies Likely: Euler Hermes ACI - Expected increase in corporate insolvencies - Repossession Fears Take Hold - 1 in 5 worried about repossession reveals Equifax survey - New Chief Risk Officer for Cardif Pinnacle - Restructuring agreement and portfolio sale agreement signed for SIV Portfolio Plc (formerly Cheyne Finance Plc) - Baxi Holdings Rating Cut To 'B-' On Poor Performance And Weakened Credit Metrics; Outlook Neg - Survey findings suggest British businesses people 'more Gordon Brown than Gordon Ramsey' - USA Bankruptcy figures up again - Arran Brewery saved as administrators sell business - FLA Compliance Conference - Venture's Trade Finance breaking barriers - Lloyds TSB Bank launches nationwide account reunification drive - Wind Power Project Max Two Ltd. 'BBB-' Debt Rating On Watch Negative On Structural Weaknesses - Experian and VoiceVault partner to create fully hosted biometric authentication system - Pay smarter with Payzone worldwide money prepaid Mastercard - Asset based finance industry rides the financial storm - Entrepreneurs remain bullish despite credit crunch - UK - Slowest growth in seventeen years - UK - Inflation figures highlight worsening economic outlook - Venture Finance increases North West presence - Defaults Continue To Climb, Article Says - Unitymedia GmbH Outlook Revised To Positive On Improving Credit Measures; Ratings Affirmed - Midland Construction Limited wound up - Business failures set to rise by almost 20 per cent - Last stop for two freight companies To read the complete story on these and to submit your news items please go to the News Section ================== Up Coming Events ================== ICM Wessex Branch Summer Conference - Jun 24 2008 How to be a Credit Management Consultant to your Company - Jun 24 2008 to Jun 24 2008 Litigation - Effective Enforcement - Jun 25 2008 to Jun 25 2008 Credit Risk Analysis - Jun 25 2008 to Jun 25 2008 Export Credit - Payments and Procedures - Jun 25 2008 to Jun 25 2008 How to Motivate and Enlighten your Collections Team - Jun 25 2008 to Jun 25 2008 For the full details on these and other events and to add your events to our database please go to our Up Coming Events Section ================== New Links ================== BecomingBankrupt http://www.becomingbankrupt.co.uk/ Please visit our Links Directory ================== New Articles ================== - 'Atradius Payment Practices Barometer' Report - Managing cash flow in difficult times - They say there is life after insolvency, but is this true? And what does the insolvency process entail for the directors of a failed business? Please go to our free Articles Section ================== Debt Collection Services ================== Try our own inhouse collections for UK debts - A service provided by credit management professionals. For international collections through our network of partners we will find you the right service partner on the best possible terms. To find out more go to our UK & International Debt Recovery Service ================== International Credit Reports ================== Did you know we supply credit reports at discounted prices on companies around the world? 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