UK businesses sitting on £600 billion in excess working capital. 20/06/2019. New research by Lloyds Bank has revealed that businesses could be sitting on £593bn in excess working capital, which could hamper growth and leave them exposed to economic uncertainty.

Government announces proposed new powers to tackle late payments. James Salmon, 20/06/2019. The Government has again made noises about trying to tackle late payments and break the cycle of the late payment culture in the UK with a range of

Late payment by retention is holding the construction sector back. 10th June 2019. Late payments of retention money is holding the construction sector back according to a government report. What are retentions The retention system is an industry standard of

Luxury chocolate retailer Rococo collapses into administration. 31st May 2019. Updated 4th June 2019. According to press association releases, Luxury chocolate brand Rococo has gone into administration. The high-end chocolatier, which has five stores in central London, will now be

Loophole leaves late payment reporting requirements unfit for purpose 29th May 2019. MPs have pointed out that a loophole in the  late payment reporting requirements means they are unfit for purpose. MPs and SME representatives are calling for legislation designed