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

This weeks business news that influences the world of selling on credit. 19th July 2019. This week I have been so tied up with the day job, I haven’t had a chance to post some of the stories I have

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

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