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Late-payment penalty

Language: English Series: Financial Times ; 28 July 1997, 18 | Financial Times Money ; 29 July 1997, 2(8) | DTI Press Notice ; (P/97/504) 28 July 1997Publication details: 1997Subject(s): Summary: Big companies that fail to settle their bills to smaller ones on time will be charged statutory interest under plans to be introduced by government in its campaign to end late payments.

Big companies that fail to settle their bills to smaller ones on time will be charged statutory interest under plans to be introduced by government in its campaign to end late payments.