Payment times revealed: how long the biggest firms take to pay
Insolvencies in construction are on the rise. In recent months, administrators have highlighted cashflow issues as being central to the demise of some
Source: constructionnews.co.uk
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Prompt payment rules tightened by government
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
Source: constructionnews.co.uk
Tesco PLC angers small businesses with decision to leave government-backed payment plan
The grocer did so just before the programme tightened rules to ensure payments are made faster
Source: proactiveinvestors.co.uk
Late payments stifle SME funding access
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.
Source: icaew.com
UK: Jersey Oil and Gas provides Greater Buchan Area Development Project operational update
AIM-listed Jersey Oil & Gas has provided an operational update in respect of its Greater Buchan Area ('GBA') Development Project.
Source: energy-pedia.com