Eighteen companies suspended from the Prompt Payment Code for failing to pay suppliers on time. 19th July 2019. The Chartered Institute of Credit Management (CICM) has announced the suspension of 18 companies from the Prompt Payment Code for failing to

Fashion retailer Select falls into administration. 13/05/2019 – updated 9/7/19 See below. Retail chain Select has officially fallen into administration, after filing court documents to appoint administrators last month. The retailer, which operates 169 stores across the UK, announced its

Bathstore no longer flush as they go down the drain. 27th June 2019 – updated 8th July 2019. Update 8th July Contractors hit by Bathstore collapse The Observer on Sunday reported talks with several self-employed Bathstore contractors, who have collectively

Penalising Big Business alone will not end the late payment culture Last month we wrote about the new government proposals to tackle late payments. You can see the Governments full document here : Creating a responsible payment culture: a call

Monsoon seeks CVA to stay afloat. Monday 24th June 2019. – updated 04/07/19. Update 04/07/19 – Monsoon Accessorize granted rent cuts Creditors at Monsoon Accessorize have approved the retailer’s company voluntary arrangement, which asked for rent reductions of up to 65% at