Translate this site

enzh-CNzh-TW

Raeside Chisholm Solicitors

The directors of Raeside Chisholm are experienced solicitors who enjoy a deserved reputation in Glasgow and beyond for personal attention allied to a commitment to outstanding levels of quality legal services. For enquiries, please contact us on 0141 248 3456.
1 minute reading time (271 words)

Public Sector Suppliers Hit by Late Payments

Many small firms are being put at risk by the poor payments practices that exist within public sector supply chains. 

This is according to new data published by the Federation of Small Businesses (FSB), which is part of wider forthcoming research into how the UK can better use supply chains. The data reveals that nine out of ten (89%) public sector suppliers have been paid late. This is true both for suppliers to central government (88%), local government (91%) and those supplying to public infrastructure projects (91%).

While FSB has welcomed important steps announced by Government to widen access to public procurement, it is calling for urgent action to address late payments to those small businesses that have won government contracts.

FSB wants the Government to introduce penalties for departments, agencies and public bodies who fail to pay invoices on time. Additionally, departments, agencies and public bodies should be forced to automatically pay interest on any payments made later than contract terms.

“It is unfair and unacceptable that so many small firms, many of which are already struggling with the high cost of doing business, are also being forced to wait for money they are owed for work completed for the public sector,” explained FSB National Chairman Mike Cherry. “The Government needs to lead by example and ensure that small public sector suppliers are paid promptly on completion of their work. This starts with the Government and its strategic commercial suppliers, making sure that prompt payment is embedded throughout their supply chains.”

Contact Us

For assistance in debt recovery, including late payment of invoices, then contact our specialist commercial lawyers today.

Supreme Court Hears Contested Divorce Case
ECHR Gives Decision in Challenging Paternity Case

Online Enquiry

  1. Name(*)
    Please let us know your name.
  2. Email(*)
    Please let us know your email address.
  3. Daytime Tel. No.
    Please enter your daytime telephone number.
  4. Subject(*)
    Please write a subject for your message.
  1. Message(*)
    Please let us know your message.
  2. Please tick below for antispam verification (*)
    Invalid Input

Latest News

27 September 2018
Raeside Chisholm Solicitors News
Raeside Chisholm is pleased to announce that we will be taking part in Will Aid this November. We will waive our fee for drawing up a basic Will and instead invite our clients to donate to the Will Aid group of charities. The suggested minimum d...
18 September 2018
Estate Agency
Scotland’s First Minister Nicola Sturgeon has detailed the Scottish government’s Programme for Scotland 2018/19 plans which include investing £7bn in building projects and creating a non-domestic business rates bill.The plans would result in the gove...
12 September 2018
Family Law
In a recent court case, mother of four Siobhan McLaughlin applied for widowed parent’s allowance to support herself and children following the death of her partner, John Adams, in 2014. Her application was initially rejected by the Northern Ireland D...
28 August 2018
Commercial
The Government has published new corporate governance reporting requirements for private companies and unlisted plcs in the UK.Under the new requirements, all private companies and unlisted plcs with more than 250 UK group employees must disclose how...
21 August 2018
Family Law
A British court has recognised Sharia law for the first time after a judge made a landmark divorce ruling which could change the way Islamic marriage and divorce works in the UK.Nasreen Akhter and Mohammed Shabaz Khan had married 20 years ago but onl...
13 August 2018
Estate Agency
Under new draft laws, overseas companies that own or buy property in the UK will be required to provide details of their true owners on a public register.The new legislation is part of a wider crackdown on money laundering in the property sector and ...

As featured in

Latest Tweets

Connect with us

     

Recent Client Comments