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Will the Fair Payment Code fix the SME late payment crisis?
When it comes to tackling late payment, the proof will always be in the pudding. And the government has laid out its ingredients. But will the new Fair Payment Code do the job? And if it doesn’t, what can small businesses do? What damage is late payment doing to small firms? Goodbye Prompt Payment Code, hello Fair Payment Code. The government has set out is stall as it attempts to solve the long-standing and highly costly problem of late payment. New research on the impact of late payment from the Department of Business and Trade is yet more grist to the mill for ... [Read More...»]
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