Page 5 - Prompt Payment Code News Today

Insolvencies in construction are on the rise. In recent months, administrators have highlighted cashflow issues as being central to the demise of some

Construction firms will soon have to pay 90 per cent of invoices within 60 days, or risk being excluded from public contracts. Clients, contractors and

The grocer did so just before the programme tightened rules to ensure payments are made faster

Many are concerned that access to finance will become harder for the UK’s SMEs over the next three years as they continue to grapple with the late payment of invoices.

AIM-listed Jersey Oil & Gas has provided an operational update in respect of its Greater Buchan Area (GBA) Development Project.

Experienced business advocate and former journalist Liz Barclay appointed to head up government office tackling late payments to businesses appointment...

Need to know HMRC waive SA late filing penalties for one month: the tax authority will automatically waive penalties for self assessment tax returns filed late due to the coronavirus pandemic. The move will see no penalties issued for returns filed online up to 28 February 2021. Chancellor reveals lockdown grants for retail and hospitality firms: one-off grants of up to £9,000 per property will be paid to businesses in the retail, hospitality and leisure sectors as the government outlined a ...

This week’s move by the government is an overdue one, says Beard chairman Mark Beard

(Sharecast News) - More than a third of shoppers have been blocked from paying with cash since the start of the Covid crisis, prompting calls for urgent

Government to strengthen Prompt Payment Code, ensuring larger companies pay their suppliers on time required payment period to small businesses slashed...