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

Hammond urges ‘radical’ change on late payments. 26th July 2019. Philip Hammond, in one of his last interventions as Chancellor of the Exchequer, advocated for “radical cultural change” to stamp out the toxic business practice of late payments, as SMEs

SMEs to benefit from a Prompt Payment Code overhaul. 23rd July 2019. An overhaul of the Prompt Payment Code could benefit the small businesses and provide better protection from late payments. The government scheme designed to encourage big businesses to

This weeks business news that influences the world of selling on credit. 19th July 2019. This week I have been so tied up with the day job, I haven’t had a chance to post some of the stories I have

Most SMEs stay quiet about late payment. 19th July 2019. Sadly the majority of Small and medium sized enterprises stay quiet about late payment.  They view it as just an unfortunate cost of doing business. A recent survey shows small