Tag: business late payment
SME’s owed 21k on average due to late payments
New data from Intuit QuickBooks has highlighted the burden of late payments on already financially stretched small and medium-sized businesses (SMBs) with the average...
Pandemic is forcing Companies into Late Payment clampdown
The changing face of late payment has lead to nearly half of companies saying that they were lucky to have survived 2020. This is...
Covid-19 continues to increase Business late payment
The coronavirus pandemic has exacerbated Business late payments for UK businesses, new figures from the Institute of Directors reveal.
Over a third of company directors...
Large Companies still delaying payments to Suppliers
New research shows that there has been no real improvement in the speed at which Large companies are paying their suppliers. The research conducted...
UK Companies still failing to chase Business Debts
The latest new research from Lloyds Bank Commercial Banking Division has shown that a roughly a third of UK businesses who experienced late payment...
Late Payment – The problem that won’t go away
With Brexit dominating the economic spectrum, Small businesses in the UK are under major cash flow pressure which in turn is leading to increased...
MP’s report suggests new Business Late payment Laws
The Government should introduce a tougher regime to tackle larger companies who treat small businesses ‘disgracefully’ by enforcing long payment terms or paying their...
Late payment continues to ‘kill’ UK Businesses
Recent research shows that many UK Businesses are being forced to make staff redundant and often, do not have sufficient funds to pay salaries.
The...
New Business Late Payment legislation to be enforced
The UK Government's Department for Business, Energy & Industrial Strategy (BEIS) has published a brand new updated set of draft regulations that specifically requires...
Late Payments ‘Tsar’ to be appointed in 2017
Government Ministers have initiated a long awaited consultation on plans for a Late Payment 'Tsar'.
The long overdue plans plans are set to aid small...
