late payment of commercial debts

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

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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