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Press Releases from Bibby Financial Services (2 total)

BIBBY FINANCIAL SERVICES ANNOUNCES 84% GROWTH IN PRE-TAX PROFITS

Bibby Financial Services has today announced an 84% growth in pre-tax profits to £34.3m, following a 25% growth in new business year-on-year in 2010. With a client base of more than 5,000 factoring £5.8bn debts around the world, all of the company’s 13 global businesses have been trading profitably. In addition, the acquisition of Kopparberg Finans based in Sweden and Aston Rothbury in the UK has supported its growth ambitions.

The true cost of rising fuel prices to Britain’s businesses

Businesses in Britain are paying more than a quarter of a billion pounds* more for fuel today than they were a year ago. Research by the UK’s leading invoice finance specialist, Bibby Financial Services, reveals the country’s 4.8million small and medium-sized businesses are collectively paying on average £263,362,595 more on fuel today compared to 12-months-ago, as the average price of a gallon of fuel (diesel and unleaded combined) has gone from

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