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Legislation

Small firms claim late payment legislation is unusable

More than 90 per cent of small firms are failing to use their legal right to charge interest on late payments for fear of damaging relationships (more…)

#bank#Bank of England#insolvency

Innovative funding for SMEs needs legislation

The regulatory framework, pending in draft stage for years, must be effected to protect service providers from recovery (more…)


Experian report shows legislation fails to curb late payment

Nnew research published by Experian , the global information solutions company, has revealed that, seven years after the introduction of…


Can Legislation Successfully Combat the Ever-Increasing International Aspect of...

A specialist article by Robert Weekes, Partner, Hammonds   Since the events of 9/11, the world’s leading communities have attempted to…


Consolidation of secondary insolvency legislation

The Insolvency Service has announced a project that will reduce the regulatory and administrative burdens that exist for users of…

#insolvency


Scottish legislation has failed to break the vicious circle...

 Some businessmen and women seem to regard it as perfectly acceptable to delay paying their bills (more…)

#bank#invoice#late payment


The Better Payment Practice Group finds that it pays...

Research by the Better Payment Practice Group (BPPG), has found that 28% of businesses have successfully charged interest under the…


EU Directive proves toothless – 76% of companies claim...

EU legislation designed to combat late payment in commercial transactions is failing to reduce delays for British businesses, according to…


Legislation fails to curb late payment problems

The amount of time companies take to settle bills has risen to its highest level since 1998, when legislation was…

#insolvency#late payment#management


Late payment legislation shows strong early signs of helping...

With just 18 months elapsed since the late payment legislation was completely implemented in the UK, the Better Payment Practice…


Late payment legislation viewed as a deterrent by businesses

Research conducted by the Better Payment Practice Group (BPPG) during October indicates that the overwhelming perception of the Late Payment…

#Clear#interest#late payment


Survey prompts call for urgent review of late payment...

Legislation brought in last year has made little impact on the UK's chronic problem of late payment, a survey by…

Company fraud legislation is 'failing' as more than half...

Financial and legal experts have warned that the government's effort to halt the rising tide of business fraud is failing…

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