Companies could be prevented from winning government contracts if they continue to pay suppliers late, as new legislation is introduced to tackle the UK's late payment problem. more»
The average small UK business owner is owed £24,841 in late payments on any given day, according to a study of two million invoices. more»
Latest government late payment crackdown: More white noise or the real deal? Why new small business minister Kelly Tolhurst means business. more»
Britain’s £14bn late payment crisis has hit such a peak that most small business owners have been forced to cancel holiday plans to chase unpaid invoices. more»
One bad debt or a few bad months could set your business towards a negative spiral of being constantly behind. However, there are things which can be done to help a company prepare for cash flow issues and tackle the problems as they hit the business. more»
With Gareth Southgate's team ready to test themselves at the 2018 World Cup in Russia, is there anything England could learn about late payments from fellow competing nations? Creditsafe has prepared the post-mortem. more»
“Risky” is a word you certainly don’t want associated with your business, and when you are a micro business it doesn’t take much to shift from a healthy position to being viewed as a risk to do business with. more»
Small businesses were paid an average of ten days late for each invoice in 2017, new research has revealed, leaving half in negative cash flow at some point. more»
Poor supply chain practices in the public sector continue to blight small business owners, as new research finds nine in ten government suppliers have been paid later than agreed terms. more»
The government is being urged to solve the UK’s housing crisis by ramping up support for small builders, including cracking down on late payers and easing access to finance. more»
