Late payments hit £23 billion. 18th February 2020. James Salmon, Operations Director. New research from the Federation of Small Businesses has revealed that late payments almost doubled to £23 billion last year. Small business owners are having to apply for

BAE and Shell among 11 businesses penalised for failing to pay suppliers on time. 14th February 2020. James Salmon, Operations Director. Short Version BAE Systems and Shell have been removed from the prompt payment code – a government-backed scheme that

Bombardier slammed over late payment practices. 13th February 2020. James Salmon, Operations Director. Bombardier slammed over late payment practices The interim small business commissioner, Philip King, has accused the British division of the manufacturer Bombardier of exploiting its suppliers by

A look at the proposed Small Business Commissioner and Late Payments Act 2020. 5th February 2020. James Salmon, Operations Director. We previously wrote on this blog about Lord Mendelsohn’s private members bill -Small Business Commissioner and Late Payments – and

The new interim Small Business Commissioner, Philip King, looks to be focused on late payment. 27th January 2020. James Salmon, Operations Director. The Chartered Institute of Credit Management (CICM) have issued a press release to say that their Chief Executive,