Chancellor urged to tackle 'late payment crisis'

Federation for Small Businesses (FSB) Chairman Mike Cherry has urged the Chancellor Philip Hammond to take action on large companies paying bills late. Of the over 1500 companies that were surveyed, 80% were paid late, causing financial stress for many businesses across the UK.

The federation also claims that measures such as forcing large businesses to disclose their payment performance have failed and more drastic action is required. 

​https://www.thetimes.co.uk/article/small-businesses-urge-chancellor-to-tackle-rise-in-late-payments-70wpdmx2k