Competitive Package
UK - London
Credit issues will still cause problems despite economic upturn
Scheme to form core of Budget initiatives aiming to help small to medium enterprise
Banks fingered as guilty culprits as trade bodies warn things must change
Study finds banks have withdrawn overdraft facilities from a third of the UK’s largest firms, jobs at risk
Entire industry under threat as credit insurers reduce cover – channel claims PC World & Currys could be particularly badly hit
PC World and Currys parent prepares rights issue to raise cash
State funded lifeline in the works for businesses hit by tightening credit insurance
Distributor aims to keep credit flowing in the channel
Reduction of credit insurance for leading tech retailers could pave way for turmoil
Both firms play down the impact on their businesses' running
Retailer says it and suppliers will be unaffected by provider's reduction in coverage
Distributor says it has seen no delays in repayments but admits it is keeping an eye on the situation
Ratings agency considering review after poor trading update
Move aimed at staving off fears that smaller resellers could find finance hard to get in coming months