The UK is backing EU plans to overhaul rules on cross-border company insolvencies, it was announced by the European Commission today.
News
More financing for businesses on the way
Chancellor George Osborne is expected to announce an extension of a scheme designed to give small and medium-sized business greater access to finance. The Funding for Lending Scheme was launched last year and was originally scheduled to end next January.
PUBLIC SECTOR BORROWING FALLS
Public sector borrowing has fallen by £300 million in the financial year to April 2013, figures released by the Office for National Statistics (ONS) today. The small reduction means public borrowing stood at £120.6 billion to April 2013 compared with £120.9 billion for the previous financial year.
NEW MARKETING MAN FOR COMLINE
Comline has taken on a new Marketing and Communications Manager to help with its plan to reach a turnover target of £50 million over the next three years. Simon Hutchinson has twenty years of service under his belt from ADL/Blue Print, so this is only the 39-year-old’s second aftermarket job.
Another counterfeit Autodata seller bought to justice
Autodata says it has bought another bogus vendor of its products to justice.
Alliance acquires majority stake in French group
The Alliance Group, which operates under the Groupauto UK name in this country, has acquired a majority stake in Precisium Group.
Independent garages continuing to offer value for money
Motorists taking their cars to an independent garage could find themselves spending up to £40 an hour less than a franchised dealer, research by th
Groupauto aims to change garage perceptions
Groupauto is hoping to stem the tide of complaints about independent garages with the launch of its public-facing Approved Garages scheme.