Large Constructors warned again over late payments

Business
Large Constructors warned again over late payments. 28th May 2019. Cabinet minister Oliver Dowden has fired another warning at large constructors over late payment at the RICS annual Construction Conference last week, reiterating the government’s get-tough stance on businesses that
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G4S being investigated

credit management
G4S being investigated. 24/5/2019. The Late payment watchdog criticises G4S. Leading outsourcing group G4S has been accused by the small business commissioner of “persistent late payment” towards one of its suppliers and its payment practices are being investigated. G4S’s place
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Thomas Cook secures extra funding as financial woes worsen

Business
Thomas Cook secures extra funding as financial woes worsen. 22/05/2019. see our latest post from September 2019 – Thomas cook collapses Thomas Cook has secured £300m of extra funding to tackle mounting debts and is reportedly seeking a sale of
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Small business insolvencies on the rise

credit management
Small business insolvencies on the rise. 14/05/2019. Small businesses are increasingly struggling to survive amid challenges caused by difficult market conditions and late payments. New statistics from the Insolvency Service reveal that 4,187 small and medium-sized enterprises became insolvent between
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Three in ten British adults’ personal finances go into the red

credit management
Three in British adults’ personal finances ten go into the red 14th May 2019. British adults’ personal finances are in trouble. In February we wrote UK Personal finances are in a critical state. This was proven true by the latest
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