All Banking & financing articles – Page 7
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News
Credit insurer withdraws cover to Threshers suppliers
Credit insurer Coface has withdrawn cover for suppliers to First Quench, the parent of wine retailer Threshers.
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News
Office faces loss of supplier credit insurance despite strong trading
Footwear chain Office may become the latest retailer to have supplier credit insurance pulled following the collapse of its stablemate USC.
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News
Peacocks hit by credit insurer
Fashion retailer Peacocks is understood to have become the latest retailer to have some of its credit insurance cut.
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News
Treasury's Paul Myners: No action on retail's credit insurance woes
Financial Services Secretary Lord Myners has rejected a call for action on retailers’ credit insurance difficulties but will monitor developments.
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Opinion
Credit insurers are too powerful
Ever heard of a home insurer that pulled cover if a storm was forecast? Didn’t think so. But that’s the way credit insurers work.
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News
Coface pulls Baugur credit insurance
One of the UK’s three biggest credit insurers has withdrawn cover for suppliers to several Baugur-backed retailers as the situation in Iceland worsens.
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News
Woolworths: Last big credit insurer withdraws cover
Woolworths is facing more instability in the run up to Christmas after another credit insurer has withdrawn cover from the beleaguered business.
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News
JJB loses supplier credit insurance
JJB Sports faces further uncertainty after the UK’s largest credit insurer Coface decided to pull the cover for its suppliers.
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News
ScS credit insurer withdraws supplier coverage
Sofas retailer ScS Upholstery has revealed that one of its credit insurers has withdrawn coverage from suppliers.
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News
Credit insurer warns of more retail administrations
Credit insurer Euler Hermes has signalled more retail administrations on the horizon as trading conditions continue to worsen on the high street.