The Department for Business and Trade is implementing a Late Payment Common Framework to tackle poor payment practices and late payments between businesses, particularly affecting small and medium enterprises. The framework follows government consultation and aims to improve cash flow and business viability through stronger payment discipline. Current status includes government response to consultation and framework implementation.
In response to: Late payment: common framework
Non-legislative framework to ensure the UK government and devolved governments work together on late payment (commercial transactions) policy.
How the UK government and devolved governments propose to work together on late payment (commercial transactions) policy.