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What is Fake Invoice Fraud?...

Fake invoice fraud occurs when fraudsters submit an invoice, or other request for payment that is not genuine in the hopes that your business will pay...

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Consumer spending still leading the way...

The second estimate of GDP was unrevised from the first, confirming growth at 0.5% q-o-q in 2015q3, after 0.7% in 2015 Q2. Solid growth in services at 0.7% outweighed weakness in manufacturing, where output shrank by...

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Britain’s fastest growing small companies bring ...

A recent report was released regarding Britain’s fastest growing small companies and how they compared region by region. High growth small businesses (HGSBs) are companies that are achieving more than 20 per cent average annual growth in turnover over a three year period and with an annual turnover between...

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This Christmas’ hottest products revealed...

Black Friday is just days away and despite some retailers like Asda pulling out of the retail bonanza this year, UK consumers are more excited than ever about the retail festive period. In fact, according to our Hitwise® online intelligence tool, online searches in the UK for ‘black friday’...

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Do you need to check your business customers’ bank acc...

In a previous blog I discussed the case for checking the ownership of business bank account details when setting up and paying suppliers. But what if the businesses you are paying are not suppliers but beneficiaries? Who does this affect? There are a number of reasons why you might...

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Affordability: An approach that pre-qualifies customer...

Aligning expectations with reality through pre-qualification can help you to avoid the kind of mismatch that sits behind a lot of human disappointment. How much better will customers feel about the loan process when they know they’re likely to get the keys to the new house they’ve just fallen...

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Get involved with Black Friday and Small Business Satu...

Black Friday is an American tradition and takes place the day after Thanksgiving which is the fourth Thursday in November. This year, it falls on Friday 27th November. It’s become the biggest shopping day of the year with retailers knocking their prices down across their stock to kick start...

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Three reasons why you should check your suppliers’ ban...

It is now possible to check the ownership of business bank accounts, here are three reasons why you should check the bank account data of your suppliers: You don’t want to become a victim of invoice fraud Invoice fraud, sometimes called procurement fraud, occurs when a fraudster impersonates a...

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UK consumer price deflation continues in October...

The Consumer Price Index (CPI) fell by 0.1% in the year to October, the same as in the year to September. This was in line with Experian’s expectations and continued the trend of inflation hovering around the zero mark which has been evident throughout this y...

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