Most SMEs stay quiet about late payment. 19th July 2019. Sadly the majority of Small and medium sized enterprises stay quiet about late payment.  They view it as just an unfortunate cost of doing business. A recent survey shows small

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

Stormy Weather Ahead 16th July 2019. Last we wrote about Storm clouds gathering  over British Economy, more news has come out since pointing at stormy weather ahead. UK facing highest risk of recession since 2007 Britain is facing the highest

Treasury accused of scaring lenders with insolvency clawback. 16/07/2019. Business groups have warned that new rules making HMRC a preferential creditor in the event of an insolvency could harm access to finance for small businesses. By leapfrogging over other types

Sole traders struggle 12/07/2019 Research from the Institute for Fiscal Studies (IFS), which analysed tax records from HM Revenue & Customs, shows that one-in-five businesses in the UK set up by sole traders closes within a year and six-in-ten fail