Recast Late Payment Directive Consultation

Businesses that have been surviving at the edge of affordability - commonly called 'zombie businesses' for their inability to survive any further change in the health of their cashflow - could be particularly keen to see the Late Payments Directive introduced as planned.

The Department for Business, Innovation & Skills is running a consultation until October 19th on the Late Payments Directive (or European Directive 2011/7/EU, to use its proper name), which should help many small businesses to receive full payment of their invoices within 30 days - and to charge interest on top of any debts that go unpaid for longer.

Read more: 30 Days Later. Late Payments Directive Brings Life to Zombie Businesses

Local authority late payments are almost as much of a problem now as when, in 2008, the government first introduced a ten-day target for settling its invoices in the regions, reports the Forum of Private Business.

Read more: Local Authority Late Payments Continue

Following on from our mock interview with Dodgy Dave the Debt Collector below you can find an infographic containing Nine Top Tips to avoid dodgy B2B Debt Collectors.

The tips are from the pen of our MD Sid Home.  Sid is a former British Transport Police officer and has been the Managing Director of Safe Collections since the company was incorporated in 1984.

Read more: Nine Top Tips to Avoid Dodgy B2B Debt Collectors

When you've been left out of pocket by a non-paying client, it's only natural that you should want to claim back what is rightfully yours.

So how do you know who to trust? We spoke to Dodgy Dave the Debt Collector - a prime example of the kind of person you probably don't want to trust with your money.

Read more: Dodgy Dave, the Debt Collector You Don't Want to Meet