Tag: late payment index

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New UK rules on late payment...

The UK government has updated the Late Payment of Commercial Debts (Interest) Act to put a new EU Directive on the matter into national law. Extensive information about ‘The Late Payment of Commercial Debts Regulations 2013’ and how it updates previous rules are available on the legislation.gov.uk web...

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Late Payments Index – The annual roundup of 2012: Impr...

The 2012 Late Payment Index from Experian®, the global information services company, today revealed that UK businesses paid their bills more than a day earlier in 2012, compared to 2011. During 2012, firms paid their overdue invoices on average 24.66 days after agreed terms, compared to an average of...

Read More Late Payments Index – The annual roundup of 2012: Improvements led by larger businesses