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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Small business insolvencies on the rise

credit management
Small business insolvencies on the rise. 14/05/2019. Small businesses are increasingly struggling to survive amid challenges caused by difficult market conditions and late payments. New statistics from the Insolvency Service reveal that 4,187 small and medium-sized enterprises became insolvent between
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Three in ten British adults’ personal finances go into the red

credit management
Three in British adults’ personal finances ten go into the red 14th May 2019. British adults’ personal finances are in trouble. In February we wrote UK Personal finances are in a critical state. This was proven true by the latest
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Dawnus collapse sparks questions

Business
Dawnus collapse sparks questions. 13/05/2019. Auditors for Powys County Council in Wales say that the government should have done more to warn local authorities about financial problems at construction firm Dawnus. Business representatives have urged stronger government protections to ensure
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