All Prompt Payment Code articles
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News
Customers taking longer to pay contractors after pandemic, says Lloyds research
More than a quarter say customers take more than 30 days to settle invoices
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Payment times for a third of firms now faster than government target
Vistry and McAlpine top the list of quickest paying contractors with Barratt top of the tree for housebuilders
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Big firms told to slash payment times to small suppliers
Prompt Payment Code changes mean signatories will soon have to play small businesses within 30 days
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Fresh attempt to tackle late payment with new laws
Bill being introduced in House of Lords today by Labour peer
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Kier back on Prompt Payment Code
Contractor returns to list after cutting average payment time by 10 days
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O’Rourke slashes payment times as Kier booted from Prompt Payment Code
Country’s biggest private contractor cuts average time to settle up by 18 days
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Galliford Try and Severfield latest firms to be chucked off Prompt Payment Code
Alun Griffiths and Ferrovial Agroman also named and shamed as poor payers
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Comment
Code red – pressure grows to change poor payment practices
As contractors are named and shamed by the government for poor payment practices, the balance could be about to tip into suppliers’ favour
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News
Laing O'Rourke improves the time it takes to settle up - by just one day
Country’s biggest private contractor falling behind peers in getting bills paid quicker
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Balfour Beatty and Laing O'Rourke chucked off Prompt Payment Code
Pair joined by Interserve, Costain and Persimmon in being named and shamed by government
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Balfour and Kier still taking 50 days or more to settle up
Building’s table of biggest firms shows who’s improving and who’s not
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Labour MP's late payments bill to hit parliament next week
Debbie Abrahams is proposing project bank accounts be a requirement on all public sector jobs
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Late payers could be banned from public contracts
Oliver Dowden confirms new prompt payment measures
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Proposed reforms to tackle late payments welcomed by cross-party group of MPs
Recommendations made by the Association of Accounting Technicians as part of call for evidence by business department
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Subcontractors tell MPs they have no choice but to work with late payers
Small business minister vows to get tough with firms who fail to settle their bills on time