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 overall, and the UK deficit is predicted to reach a surplus by 2019-2020 (a year later than originally planned). For UK businesses, Osborne announced a […]
New Guide for Business Funding Launched by Trade Finance Global Last week Trade Finance Global launched the ‘Business Finance Guide for SMEs’ which lists sources of finance and funding for SMEs which are growing. The trade finance guide, specifically targeted at business which import and export goods or services. The guide covers a range of […]
Estimated reading time: 5 minutes Moody’s Investors Service announced the long-term deposit ratings of ten banks in Saudi Arabia, as well as the senior unsecured and subordinated debt ratings of their affiliated entities, where applicable, from a stable to a positive outlook. Moody’s has also affirmed the banks’ Baseline Credit Assessments (BCAs), Adjusted BCAs, Counterparty […]