Small business unhappy with new government proposals to tackle late payments. In June, after almost nine months of consultation and consideration, the Government announced a range of proposals to tackle the United Kingdoms late payment culture. The late payment culture

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

Is Britain already in recession? 23rd July 2019. According to economists, Britain could already be in recession! The National Institute of Economic and Social Research (NIESR) has warned that Britain may already be tipping into recession due to the effects