Late Payment Considered to be ‘accepted Practice’

Late Payers say it is accepted practice …… Late payers have over the years paid bills when it has suited them. Without being challenged, many of us are guilty of this and it has grown into accepted practice. In the current economic downturn, it is common for big companies to delay payments to smaller suppliers … Read more

Slow Payers, what can the new European Directive on Late Payments do for creditors waiting for the cheque in the post?

It now seems highly likely that a new Directive dealing with the late payment of commercial debts will shortly be approved.  It has already got the green light from The European Parliament.   As a new Directive, it will replace the existing Late Payments Directive of 2000, and will seek to bring about a “decisive … Read more