Small businesses yesterday were given a new set of powers to penalise other small companies who fail to pay their bills on time. The change in the law will allow businesses with less than 50 staff to claim interest at eight per cent above base rates on unpaid bills. The Late Payment of Commercial Debts Act two years ago allowed small companies to charge big business interest on late invoices.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast