News

Late payment culture 'life-threatening' for many businesses

Report by Association of Chartered Certified Accountants calls on new business secretary Sajid Javid to tackle root of issues around late payment.

News

Government offers support on late payments: but SMEs must still help themselves

As part of the Queen's Speech the Enterprise Bill offered support for small businesses hampered by late payments: but even with added help these companies must take action to tackle the problems themselves.

News

Barclays and Fujitsu join new government late payment advisory board

In an attempt to strengthen the Prompt Payment Code brought into effect in 2008, a panel of businesses and organisations are being assembled to ensure suppliers are paid on time and treated properly.

News

FTSE 100 and 250 companies to be named and shamed for failing to sign Prompt Payment Code

The government is warning big businesses listed on the FTSE 100 and FTSE 250 indexes that failure to join the Prompt Payment Code could result in being publicly named.

Alternative Finance for Business

Reducing the impact of late payment

Graham Tripp from Touch Financial examines the knock-on effects that can arise when payments are missed.

Financial Management

Late payment interest and compensation: the basics

A quick overview on late payment interest and compensation from debt recovery specialist Lovetts.