The following is an interesting article found on The Guardian Newspaper Website.
Late invoice payment by big corporates may make business sense but it displays a lack of ethics. A new bill aims to 'go to war' on the issue.
Big business likes to boast that the consumer is king. Small companies would love to join them, only they know that it's cash flow that wears the crown. The UK economy may be picking up, but sadly the pernicious habit of late payment is not.
Late invoice payment by big corporates may make business sense but it displays a lack of ethics. A new bill aims to 'go to war' on the issue.
Big business likes to boast that the consumer is king. Small companies would love to join them, only they know that it's cash flow that wears the crown. The UK economy may be picking up, but sadly the pernicious habit of late payment is not.
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