Industry bodies power to tackle late payers being considered


 

Proposals to grant business groups the power to challenge unfair payment terms on behalf of their members are being considered by the government. As part of its plans to improve payment practices and crack down on overdue payments, the government wants to widen the powers currently given to representative bodies to allow them to act on behalf of small firms who wish to speak out against larger companies that delay paying their bills. The Department for Business, Innovation and Skills’ […]