The prompt payment initiative

CPA Blog
The prompt payment initiative 17 May 2019. The government has announced plans for a new prompt payment initiative. The government is planning new legislation to stop those who pay suppliers late from winning government contracts. The new prompt payment initiative
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Cotswold Outdoor has CVA application approved

Business
Cotswold Outdoor has CVA application approved. 14th May 2019. The group behind Cotswold Outdoor, Outdoor and Cycle Concepts (O&CC), is moving forward with a CVA after creditors backed a plan that will see stores close and applications for rent reductions
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The “Why” of the late payment culture.

CPA Blog
The “Why” of the late payment culture. 13th May 2019. We often discuss on this site “what” of “what to do about the late payment culture” or the “How” of “how to bring to bring about change but do we
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Paying late is “crack cocaine” to big business.

Business
Paying late is “crack cocaine” to big business. 10th May 2019. Duncan Swift has been appointed as the  new president of R3,  the trade association for the UK’s insolvency and restructuring professionals and has said that large businesses are treating
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Bank lending to SMEs on decline

Business
Bank lending to SMEs on decline. 09/05/2019. Research published by Oxford Economics indicates that lending by banks to small businesses has fallen by 3% since 2015, despite credit provision to large companies having increased by 43%. According to the study
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