SME

Late Payments Compounding Inflation Crisis for Small Businesses – FSB Chief

Late Payments Compounding Inflation Crisis for Small Businesses – FSB Chief

The new head of the Federation of Small Businesses (FSB) has told the government the UK’s late payment culture is…
Northern Cities Come Out Top On Prompt Payment

Northern Cities Come Out Top On Prompt Payment

The government’s much-vaunted ‘Northern Powerhouse’ may have turned out to be little more than a catchy phrase scribbled down on…
Late Payments to SMEs Soar By £1 BILLION in Six Months

Late Payments to SMEs Soar By £1 BILLION in Six Months

The total value of overdue payments owed to UK small businesses has rocketed by an astonishing £1bn in just six…
‘Mouths Stuffed With Gold’: But What Does the Future Hold for Public Sector Outsourcing?

‘Mouths Stuffed With Gold’: But What Does the Future Hold for Public Sector Outsourcing?

The Parliamentary report into the collapse of disgraced outsourcing giant Carillion has certainly pulled no punches. Amongst the tastiest soundbites,…
Small Businesses Demand Law to Stop Late Payments

Small Businesses Demand Law to Stop Late Payments

Small business owners want the UK government to outlaw late payments as new figures reveal that half of SMEs face…
UK Government Consults on Insolvency Protections for Suppliers

UK Government Consults on Insolvency Protections for Suppliers

Contractors and SME suppliers in the UK could finally be in line for legal protection from losses in the event…
Carillion Collapse Sends Shockwaves Across The UK

Carillion Collapse Sends Shockwaves Across The UK

The collapse of construction giant Carillion could spell havoc for the UK’s small business economy, the country’s SME trade body…
Palmer & Harvey in administration after debt burden bites

Palmer & Harvey in administration after debt burden bites

Wholesaler Palmer & Harvey has entered administration after failing to restructure significant debts owed to suppliers. The Palmer & Harvey Group,…
Shocking losses underlines need for an independent retention service

Shocking losses underlines need for an independent retention service

New figures have revealed that UK construction contractors have been hit by £700 million in cash retention losses caused by…
Monarch and Toys R Us Prove No Brand Is Too Big to Fail

Monarch and Toys R Us Prove No Brand Is Too Big to Fail

It is every supplier’s worst nightmare. You have finally secured a lucrative contract with a big name global brand, giving…
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