AAT piles on pressure for late payment reform. 31st January 2019. The Association of Accounting Technicians (AAT) yesterday wrote to the Government Minister responsible for dealing with late payment legislation to highlight the wealth of support that exists for proposed

Peacocks makes changes to supplier payment terms Discount fashion chain Peacocks is increasing the maximum time it takes to pay for shipments from 90 days to 130 days in a move that they claim, actually aims to see suppliers paid

Scottish business insolvencies up 21% 29/1/19. Yesterday we briefly commented on this but given its seriousness we wanted to write further. Analysts estimate that as many as 20 Scottish businesses will fold every week in 2019, as new statistics show

Patisserie Valerie enters administration. 29/1/2019. Patisserie Valerie has entered administration after the failure of rescue talks with banks. The cake chain, which is unable to pay its debts, reported uncovering “significant, and potentially fraudulent, accounting irregularities” in October, with a

Bankruptcies hit six-year high. 29/1/2019. Bankruptcies hit six-year high.  The number of people going bust has jumped to at least a six-year high, according to new figures from the Insolvency Service. Insolvency specialists RSM expect the figures will show more