Late Payment

Prompt Payment Code fails to stop large firms making slow payments

Prompt Payment Code fails to stop large firms making slow payments

Slow payments represent a substantial risk to small and medium-sized businesses, who must often meet the cost of materials and…
‘Its Cashflow, Stupid’ Biz More Concerned With Cashflow Than the Economy

‘Its Cashflow, Stupid’ Biz More Concerned With Cashflow Than the Economy

Research from the Bank of Cyprus UK reveals the extent to which British business owners are worried about their cash…
11 Recommendations from the Gov Late Payment Report

11 Recommendations from the Gov Late Payment Report

A recently published Late Payments Report makes 11 recommendations that MPs believe could help small businesses to receive what they…
Cash-Strapped Newcastle SMEs Turn to Pawn (Brokers)

Cash-Strapped Newcastle SMEs Turn to Pawn (Brokers)

SMEs in the north-east are stop-gapping their cash flow problems by turning to pawnbrokers, according to a report in local…
Name-and-shame ‘Horror’ Could Cost Creditor £120k

Name-and-shame ‘Horror’ Could Cost Creditor £120k

Daring to speak out about late payment on Twitter could cost one woman £120,000 in fines and legal costs -…
What is New with the Late Payment of Commercial Debts Regulations 2013

What is New with the Late Payment of Commercial Debts Regulations 2013

The Late Payments Directive, known more technically as Directive 2011/7/EU or the Late Payment of Commercial Debts Regulations 2013, came…
Add one Kernel, a Dash of Unpaid Invoices and Stir Well

Add one Kernel, a Dash of Unpaid Invoices and Stir Well

Take one technology, media and politics website. Add a 28-year-old online entrepreneur who used to be called Milo Wagner, but…
‘Three Strikes and You’re Out’ SMEs Hit by Late Payment Three Times a Year

‘Three Strikes and You’re Out’ SMEs Hit by Late Payment Three Times a Year

Small to medium-sized enterprises (SMEs) are struggling to tackle late payments from clients who, in the worst instances, miss three…
Frank Jonen Wins With Hard Line on Late Payment

Frank Jonen Wins With Hard Line on Late Payment

Web designer Frank Jonen has taken extreme action against his late-paying client, San Francisco-based gym chain Fitness SF. Mr Jonen's…
Nearly £5bn of Unpaid Invoices in the UK Uncollectable

Nearly £5bn of Unpaid Invoices in the UK Uncollectable

Insolvency turns £4.7bn of non-payers into never-payers Each year, £4.7 billion of unpaid invoices in the UK are simply wiped…

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