Legal & Finance : Be Strict to Halt Culture of Late Pay

Summary


Companies must adopt stricter credit management procedures if they are to steer clear of the worsening UK late payment culture, a Birmingham accountant has warned.

Government legislation was enforced in 1998 to reduce late payment and protect smaller companies who find themselves at the mercy of larger customers.

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Legal & Finance : Be Strict to Halt Culture of Late Pay

But figures from credit monitoring group Experian show th...

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