The trade finance industry encompasses a range of financial products all with a single goal in mind: Promote global trade and the financial well-being of traders. But there are multiple products available, and some have multiple names, leading to some confusion for both corporate traders...
Despite ongoing turbulence from major global market events like Brexit and trade wars, the prevalence of business failures has actually declined across the world, new Dun & Bradstreet (D&B) data revealed. Researchers found new cause for optimism with findings that nearly half of all countries...
More than a year after the collapse of U.K. construction giant Carillion, the case continues to make headlines. Most recently, the U.K.’s Insolvency Service began fresh questioning of top Carillion executives as part of a broader investigation into the company and its B2B payment practices....
In the U.K., it turns out that even some of the most vocal critics of late payments … pay late. Will a traffic light system put the brakes on late payers in the region? Elsewhere, Jet Airways hopes its plan to reduce vendor payments takes...
August 08, 2018
The U.K. government heard calls this week to break up its Financial Reporting Council (FRC), separating the body’s audit watchdog and corporate governance roles into two regulators, reports in City A.M. said Tuesday (Aug. 7). The Institute of Directors (IoD) initiated the call for the FRC breakup, and former Treasurer John Kingman leads the government’s […]