Scottish insolvencies climb 45% as distressed businesses face ‘toxic mix’ of issues

Insolvencies
Scottish insolvencies climb 45% as distressed businesses face ‘toxic mix’ of issues 7th August 2019 Analysis from KPMG shows that Scottish insolvencies have risen by more than 45%, with 698 corporate insolvency appointments in the six months to June. This
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49% of business owners regret their attitude towards cashflow

CPA Blog
49% of small business owners regret their attitude towards cashflow Nearly half of business owners regret their attitude towards cashflow, fearing  they’ve held back their business by having a naive attitude during their company’s infancy. Almost two-thirds (64%) of those
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Construction Body, Build UK cut average payment times to 40 days

credit management
Construction Body, Build UK  cut average payment times to 40 days Build UK members are continuing to improve the payment times for suppliers with the average time taken to settle bills by contractors  having fallen to 40 days. That represents
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Accountants find late payments getting worse not better

CPA Blog
Accountants find late payments getting worse not better. 7th August 2019. Accountancy Body Institute of Chartered Accountants in England and Wales (ICAEW) which represents 150,000 members,  has found the late payments culture is getting worse not better. Tackle growing late
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Small business unhappy with new government proposals to tackle late payments

credit management
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
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