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

24/07/2019. Peers call for business tax reform Baroness Neville-Rolfe has called for a radical reform of the nation’s business tax system. The former Treasury Minister warned in the House of Lords that the current model is dampening business growth, disproportionately

Is Britain already in recession? 23rd July 2019. According to economists, Britain could already be in recession! The National Institute of Economic and Social Research (NIESR) has warned that Britain may already be tipping into recession due to the effects

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

Jamie’s creditors to lose £83m. 23/7/2019. Jamie’s Creditors look set to miss out. Creditors for British restaurant chain Jamie’s Italian are facing losses of £83m following the business’s collapse in May, a new report from administrators at KPMG reveals.