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Press Release

Drivers back in focus for Fleet Managers, GE Capital survey finds

September 01, 2010

29% more companies offering drivers choice of manufacturers (vs Q1)

27% more companies see company cars as recruitment tool

A report published by GE Capital today shows a big increase in the proportion of companies offering drivers full choice of manufacturers (29% higher vs Q1) as well as a rise in the proportion of Fleet Managers seeing company cars as a recruitment and retention tool (27% higher than Q1) as UK businesses once again start to put drivers at the heart of their company car policies.

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Press Release

Counting the True Cost of a Fleet

August 02, 2010

New GE Capital survey finds that true fleet operating costs may be overlooked

44% of businesses use maximum monthly rental as the main criteria when working out the cost of their employees cars

New research from GE Capital shows that businesses are now using several criteria to monitor the cost effectiveness of their fleet but they may be failing to account for the total cost of running a fleet, leading to unexpected financial costs at the end of the year.

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Press Release

Baird Group Limited Receives £17 Million Funding From GE Capital

August 01, 2010

GE Capital, one of Europe's leading providers of asset based lending, today announced that it has provided Baird Group Limited subsidiaries, BMB Clothing Ltd and Worth Valley Menswear Ltd, with £17 million of facilities to support the company's future growth plans. The facilities, comprising confidential invoice discounting and a revolving stock loan, are expected to provide up to £113 million a year of working capital to the company, in volume terms, over the first year.

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Press Release

GE Capital Employees And Clients Enjoy Success At London Triathlon Challenge

August 01, 2010

GE Capital today announced that all 25 teams who were entered by the company successfully took part in the London Triathlon sprint team relay.

The event, hosted at Londons ExCel Centre over the weekend, saw more than 12,000 professional and amateur entrants compete in a series of Triathlon races. Saturday's sprint team relay saw GE Capital staff, clients and introducers, including MCR, Altro, Wilkins Kennedy, Mayer Brown International LLP and Baker Tilly, competing.

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Press Release

GE Capital Employees And Clients Gear Up For London Triathlon Challenge

August 01, 2010

GE Capital has today announced that it has submitted 30 teams ahead of this weekend´s London Triathlon sprint team relay.

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Press Release

UK SMEs LOSE OUT ON OVER £29BN OF SALES DUE TO A LACK OF FUNDING

August 01, 2010

Nearly one in five (18%) of UK SMEs believe they have missed a business opportunity in the past year

Nearly half (43%) of SME owners believe that it will be more challenging to get funding in the next year as a result of recent changes in the credit markets

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Press Release

GE Aviation First Company In Wales To Support Apprentices Through The Duke Of Edinburgh Award Scheme

July 29, 2010

Fifteen apprentices at GE Aviation's Aircraft Engine Servicing facility in Nantgarw have been awarded the prestigious Duke of Edinburgh Gold Award at a ceremony at St James Palace in July.

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Press Release

GE Aviation to Build New Electric Power Research & Development Center in UK

July 19, 2010

R & D Center Will Focus on Advanced Power Generation, Distribution, & Avionic Control Technologies for Military and Civil Aerospace

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Press Release

Second Quarter Earnings

July 16, 2010

GE announced second-quarter 2010 earnings from continuing operations (attributable to GE) of $3.3 billion, with EPS of $0.30 per share up 15% from the second quarter of 2009.

Please click here to read the rest of the press release, in English.

Corporate Communications
[email protected]

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Press Release

GE and Solarcentury to get UK schools generating £68,000 from solar power

July 12, 2010

GE Capital to finance school solar purchase and installation.

Government's Feed-in tariff to generate income for school's loan repayments and more for 25 years.

GE has formed a partnership with Solarcentury, the UK's most experienced solar energy company, to provide financial services support for its Solar4Schools programme. The programme, which has already installed solar electric systems in over 250 schools across the UK, aims to introduce solar power to hundreds of schools across the nation over the next two years.

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