All the updated news related to late payments

All the news related to late payments updated in real time

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Scotland

Late payments becoming more frequent, say Scottish firms

More and more Scottish firms are being paid late, a new poll has found, as the cost-of-living crisis puts pressure on finances. Some 24% of firms north of the border have seen the number of late payments they receive increase, according to Barclays, ...

19 May 2022 at 01:01

Small businesses owed £23,000 in late payments amid soaring energy bills

Small businesses were owed almost £23,000 in late payments for a month, according to new data, adding to the sky-rocketing energy bills that are piling pressure on concerned business owners. Late payments totalled £22,700 for the average small ...

29 Aug 2022 at 01:01

City

Government to consult on new laws to clamp down on late payments to small firms

Large firms will face a crackdown on late payments to small businesses as part of a new package of Government support to tackle the issue, which Sir Keir Starmer said is “one of the biggest reasons businesses collapse”. Small businesses have ...

19 Sept 2024 at 00:01

Scotland

We will work with Scottish Government to tackle late payments – Murray

UK ministers will work with the Scottish Government to crack down on companies which persistently pay their suppliers late, the Scottish Secretary said. Companies responsible for repeated late payments could face fines running into the ...

30 Jul 2025 at 22:30

City

Businesses need reforms amid ‘similar pressure to pandemic’, committee warns

The Government needs a series of major reforms to arrest business closures and decline on the high street – including cutting costs, overhauling business rates and ending late payments, according an influential committee. A reported ...

11 Feb 2026 at 00:01

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