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Late-paying businesses would be charged interest at 8 per cent above the Bank of England base rate under the government’s proposals on reforming payment practices. The government yesterday (31 July) unveiled an eight-point list of proposals that revealed it was considering options to “reform or…
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Late-paying firms set for whopping interest charges
Late-paying businesses would be charged interest at 8 per cent above the Bank of England base rate under the government’s proposals on reforming payment practices. The government yesterday (31 July) unveiled an eight-point list of proposals that revealed it was considering options to “reform or… The post Late-paying firms set for whopping interest charges appeared