Survey shows late payment problems worsening for SMEs

CPA Blog
Survey shows late payment problems worsening for SMEs 25th June 2019. Existence is getting tougher for the UKs SMEs. Research has revealed late payment problems have worsened for 27% of the UKs SMEs in the last 12 months, according to
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UK businesses sitting on £600 billion in excess working capital

Business
UK businesses sitting on £600 billion in excess working capital. 20/06/2019. New research by Lloyds Bank has revealed that businesses could be sitting on £593bn in excess working capital, which could hamper growth and leave them exposed to economic uncertainty.
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Government announces proposed new powers to tackle late payments.

Business
Government announces proposed new powers to tackle late payments. James Salmon, 20/06/2019. The Government has again made noises about trying to tackle late payments and break the cycle of the late payment culture in the UK with a range of
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Late payment by retention is holding the construction sector back

Business
Late payment by retention is holding the construction sector back. 10th June 2019. Late payments of retention money is holding the construction sector back according to a government report. What are retentions The retention system is an industry standard of
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Cashless trend potentially “devastating” for small businesses

Business
Cashless trend potentially “devastating” for small businesses, warns FSB. 10/06/2019. The chairman of the Federation of Small Businesses has warned that many UK businesses could suffer “devastating” losses if bank charges for cards are not restricted, as cashless transactions account
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