In the continuing fragility of the economic climate, late payments can be a serious threat to businesses; especially SME's who depend on prompt payment to retain cashflow. Statistics show that companies in the North West are paying bills 37 days late on average, over a week longer than anywhere...
Businesses within the North West are the slowest in the country for meeting deadlines for paying bills, a recent surveys shows. The survey, by Experian, found that the situation is getting worse as businesses are trying to stretch the amount of time until they have to pay their bills....
The UEFA Financial Fair Play (FFP) rules, introduced transitionally on 1st June 2011, are designed to crack down on clubs over-spending, forcing them to limit losses, failing which, European Football's governing body will have the ability to ban teams from Champions League or Europa League...
Government plans to "improve transparency and confidence in pre-pack administrations” have been successfully halted. Although this may sound counter-intuitive, it is not the policy which anti-reform proponents are against, it is the damaging methods proposed by Edward Davey (Minister for...
A survey has found that 68% of businesses in the North West have been hit by late payment problems in the first half of 2011. The Britain in Business survey, conducted by Lloyds TSB, found that the number of companies in the region facing problems with late payments was 5% higher than the...