Tag: sme late payment
New Late Payment proposals to help SME’s ‘not enough’
Under new proposals being drawn up by the government, large companies could now face fines or court orders if they fail to pay their...
Business Late Payments threatening Economy recovery
The latest research shows that the majority of Businesses (SME's) in the UK are being paid late as a result of the pandemic. This...
New Year sees SME’s chasing £50bn in Business Debt
New research is showing that Small Businesses are chasing over 50 Billion pounds in late payments across the UK. Tide, which is a digital...
SME’s fearful of chasing Unpaid Invoices
SME's are avoiding taking Debt Recovery action and chasing non payment a report has revealed. Small Business Commissioner Paul Uppal and Commercial Finance Lender...
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...
Survey claims SME’s owed £63k on average
New research conducted by Commercial Data specialists Dun & Bradstreet has highlighted that the UK's late payment culture is continuing to have an are...