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

Business News for those selling on Credit 30th July 2019. Threat of no-deal sends pound to 28-month low A hardening of rhetoric from the Boris Johnson government over Brexit pushed the pound to a 28-month low against the dollar on

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

Jamie’s creditors to lose £83m. 23/7/2019. Jamie’s Creditors look set to miss out. Creditors for British restaurant chain Jamie’s Italian are facing losses of £83m following the business’s collapse in May, a new report from administrators at KPMG reveals.