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

Banks treating small fintech start-ups ‘unfairly’ 3rd July 2019 Experts are warning fintechs to exercise caution when considering takeover offers from big banks, as reports of SMEs being taken advantage of increase. Several senior fintech executives have pointed to recent

Britain’s oldest builder folds. 03/07/2019. Britian’s oldest builder has folded as a business (sadly, not just his arms as our picture suggests). R Durtnell & Sons Limited, Britain’s oldest builder is no more having issued notices to all known creditors

SMEs under strain. 2nd July 2019. A new survey highlights how SMEs under strain from late payment problems. Research by Xero, the accountancy software firm, and Paypal, the online payments service shows more than one in three owners of small