Produced for the industry by the Association for Consultancy and Engineering
Payment
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Mass MP support for late payer fines
Almost three-quarters of MPs have backed reform plans to tackle the scourge of late payments to suppliers. -
Calling time on late payment requires more than just regulation
Government needs to implement stronger punishments and do more than just regulation to eradicate industry late payers, Ben Jackson argues. -
Five-day payment rule pledged by ministers in attempt to clampdown on late payers
The government is keen to end late payments to small businesses and is promising five-day terms in its latest push. -
Specialist contractors express concern over construction firms’ payment times
The majority of the UK’s largest construction companies are still taking longer than 30 days to pay their suppliers. -
Smaller firms attack industry body’s late payment figures as the “ultimate insult”
The National Federation of Builders has blasted Build UK’s claims that publishing late payment data is a “bold first step”. -
Nine out of 10 councils failing to monitor 30-day payment rule
Freedom of information data has revealed 89% of local authorities are unable to say whether their supply chain is paid within 30 days of work. -
Prompt payment put under the spotlight
ACE meets chair of body tasked with enforcing prompt payment code. -
Industry bodies welcome government action on prompt payment
The government has announced proposals to exclude firms that cannot demonstrate fair payment practices with their subcontractors from government deals. -
Getting paid on time is a legal hurdle, but there are ways to mitigate business risks
Late payment are not only a big issue for business but also for legal teams working on the statutory or contractual aspects of payments. Robert Stevenson, partner at law firm BLM, offers some insight. -
Late payment – ACE asks where the urgency is in 2015?
What is happening with late payment? ACE sums up the current scene and calls for a tougher supply chain payment charter.