Eighteen companies suspended from the Prompt Payment Code for failing to pay suppliers on time. 19th July 2019. The Chartered Institute of Credit Management (CICM) has announced the suspension of 18 companies from the Prompt Payment Code for failing to

Bathstore no longer flush as they go down the drain. 27th June 2019 – updated 8th July 2019. Update 8th July Contractors hit by Bathstore collapse The Observer on Sunday reported talks with several self-employed Bathstore contractors, who have collectively

08/07/2019 Services sector nears standstill Analysts recorded “one of the worst performances [of] the past decade” in the services sector last month, as continuing Brexit uncertainty brought growth in the sector to a near standstill. The IHS Markit and CIPS

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

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