Page 4 - Prompt Payment Code News Today

UK contractors have reported an increase in slow payments since the start of the COVID-19 pandemic. More than two-thirds (65%) of contractors have

Ahead of incoming rules requiring businesses to pay 90% of invoices within 60 days, the Small Business Commissioner reports on attempts to tackle late payments in the UK.

Each week, we ask agency experts from across the world and the ad business for their take on a tough question facing the industry, from topical concerns to perennial pain points.

Diageo has refuted suggestions that it systematically fails to pay its suppliers on time, with a large majority of smaller firms paid within 60 days…

Five leading companies have been formally removed from the Prompt Payment Code (PPC) after failing to honour their commitments.

Five leading companies, including four divisions within drinks giant Diageo, have been permanently removed from the Prompt Payment Code (PCC) after…

Paul Williams is health, safety and environment services manager for the Electrical Contractors’ Association (ECA) No one is immune to the impact of poor

The new app will aim to help business customers receive quicker, more convenient payments.

A review of the oil and gas industry’s progress against the terms of the North Sea Transition Deal (NSTD), conducted by OGUK, has shown strong progress in the first ten months since the ground-breaking deal was signed, with several key milestones already reached.

Asked what his main priorities are, Lee Rowley answers without hesitation: “I want to be a champion of the sector across government – it’s important that