Construction Body, Build UK  cut average payment times to 40 days Build UK members are continuing to improve the payment times for suppliers with the average time taken to settle bills by contractors  having fallen to 40 days. That represents

Accountants find late payments getting worse not better. 7th August 2019. Accountancy Body Institute of Chartered Accountants in England and Wales (ICAEW) which represents 150,000 members,  has found the late payments culture is getting worse not better. Tackle growing late

UK Consumers spending finally drys up 6th August 2019. Consumer spending finally looks like catching up with business sentiment and is showing signs of drying up. Consumer spending fell to a record low in the year to July, rising by

Small business unhappy with new government proposals to tackle late payments. In June, after almost nine months of consultation and consideration, the Government announced a range of proposals to tackle the United Kingdoms late payment culture. The late payment culture

Costain reinstated to Prompt Payment Code Last month we reported that 18 companies had been suspended from the Prompt Payment Code. This followed the announcement in April that 17 companies had been either removed or suspended from the code. The