Government misses payment targets. James Salmon, Operations Director, 8th January 2019. Despite making noises about treating late payment seriously, The Cabinet Office is missing its targets to pay suppliers on time. The government has made a pledge to be a

Patience Wheatcroft: Late-payers don’t need a nudge, they need a smack from the law. Baroness Wheatcroft, in the Sunday Times on 16th December 2018 has said Late-payers don’t need a nudge, they need a smack from the law. Patience Wheatcroft,

Could technology break the late payment culture? 14th December  2018 – Could technology break the late payment culture? Research by Tungsten Network shows that one in four businesses are at risk of insolvency due to the late payment culture. The

Small firms face £9k bill to collect late payments Small firms on average face a £9,000 bill to collect late payments. Annual research by BACS Payment Schemes shows that small businesses in the UK face a bill of £6.7bn to

GlaxoSmithKline admits to late payments Pharmaceutical giant GlaxoSmithKline has confessed to taking too long to pay hundreds of small suppliers – despite signing up to a ‘fast payments’ code nine years ago. One small supplier said payments from GSK had