Prompt Payment Code

400,000 Small Businesses At Risk As Late Payments Scandal Bites

400,000 Small Businesses At Risk As Late Payments Scandal Bites

More than 400,000 small businesses in the UK are at direct risk of going under as late payments continue to…
Let Your Voice Be Heard on Late Payments

Let Your Voice Be Heard on Late Payments

Fed up of clients who refuse to stick to agreed payment terms? Feel like you're being held to ransom by…
17 Companies Named and Shamed for Failing to Uphold Payment Code

17 Companies Named and Shamed for Failing to Uphold Payment Code

An initial review of payment practices under the government’s Prompt Payment Code has found 17 signatories in breach of the…
Politicians Demand Mandatory 30-Day Payment Terms – But Would It Work?

Politicians Demand Mandatory 30-Day Payment Terms – But Would It Work?

The rhetoric surrounding the UK’s late payments culture was ramped up another notch this week as an influential Parliamentary committee…
‘Call for Evidence’ a Sign the Government Still Hasn’t Got a Handle on Late Payments

‘Call for Evidence’ a Sign the Government Still Hasn’t Got a Handle on Late Payments

It feels like we have been here before somehow. Lots of well-meaning words, a tough-sounding stance… and then what? Rinse…
Too Prompt for the Prompt Payment Code?

Too Prompt for the Prompt Payment Code?

As a debt recovery company tasked with chasing down overdue payments, it makes sense for us to be a signatory…
Payment terms over 30 days ‘should be banned’

Payment terms over 30 days ‘should be banned’

A fundamental characteristic of late payment legislation so far has been its voluntary nature - nobody forces big businesses to…
Patching up the Prompt Payment Code

Patching up the Prompt Payment Code

It doesn't matter how much you like a bucket; if it won't hold water anymore, it's time to get a…
You’re fired! Why Lord Sugar wants more done on late payments

You’re fired! Why Lord Sugar wants more done on late payments

Lord Sugar, the artist formerly known as Sir Alan, has made his feelings on late payments very clear - and,…
Cable: Big businesses have profited ‘for long enough’ from late payment

Cable: Big businesses have profited ‘for long enough’ from late payment

Late payments to SMEs must not be an acceptable way for big businesses to boost their own profits, according to…

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