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Government crack down on late payments

Video Credit: ODN - Duration: 00:52s - Published
Government crack down on late payments

Government crack down on late payments

The government are cracking down on late payments by cutting red tape for small businesses.

Discussing the plans, Business Minister Gareth Thomas said: "We are determined to crack down on late payments.

It costs £11bn to the UK economy every year.

Potentially very significant fines if companies continue to make payments later in the day." Report by Kennedyl.

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Gareth Thomas (English politician) Gareth Thomas (English politician) British Labour politician (born 1967)


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