Prompt Payment Code News Today

A leading construction body has urged the next government to provide financial incentives to encourage companies to invest in modern methods of

The European Commission published a proposal for a regulation on combating late payment in commercial transactions last year which will introduce new rules, including that payments have...

In the last few years, Kenya’s retail industry has been experiencing continuous transformation, prompting the need to relook the way we operate, adopt new ways of doing business and normalize international best practices

Late payment problems remain endemic across the Scottish construction industry, a new survey confirms.

An alliance of building engineering specialists has welcomed commitments in the Government’s latest Autumn Statement that they argue could help address

The UK government’s plan to curb the late payment culture is a boon to small- and medium-sized luxury brands, writes Bird & Bird’s Victoria Hobbs

The problem of late payment is worsening but project bank accounts promise a sunnier future for subcontractors, industry insiders say.

Late payments to small businesses have hit a three-year high, with industry leaders calling on the Chancellor and big businesses to do more to help.

The ongoing late payment threat facing UK businesses is now so bad, it has caught the attention of Westminster.

The Prompt Payment Code (PPC) was introduced to the UK in December 2008 as a voluntary code of practice, administered by the Office of the Small Business Commissioner (OSBC), on behalf of Department for Business and Trade (DBT).