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TIME TO PAY UP: TOUGHEST CRACKDOWN ON LATE PAYMENTS IN A GENERATION UNVEILED IN PLAN TO BACK SMALL BUSINESSES

TIME TO PAY UP: TOUGHEST CRACKDOWN ON LATE PAYMENTS IN A GENERATION UNVEILED IN PLAN TO BACK SMALL BUSINESSES

by Tracey Carter | J Jul, 2025 | FSB News, Spelthorne Business

Government to tackle late payments with the most significant legislative reforms in 25 years – an issue that costs the UK economy £11bn a year and shuts down 38 businesses every day UK set to have the toughest late payments laws in the G7 as part of reforms to...
TIME TO PAY UP: TOUGHEST CRACKDOWN ON LATE PAYMENTS IN A GENERATION UNVEILED IN PLAN TO BACK SMALL BUSINESSES

For first time, more small firms expect to shrink than grow

by Tracey Carter | J Jul, 2025 | FSB News, Spelthorne Business

The share of small businesses who said they expected their business to shrink or close, or to sell up the business over the next 12 months – 27 per cent – outweighed the proportion who predicted their business would expand – 25 per cent – in the...
TIME TO PAY UP: TOUGHEST CRACKDOWN ON LATE PAYMENTS IN A GENERATION UNVEILED IN PLAN TO BACK SMALL BUSINESSES

Jobs plunge demands a head-out-of-the-sand response from Government, say small firms

by Tracey Carter | J Jul, 2025 | FSB News, Spelthorne Business

Responding to today’s official labour market figures from the Office for National Statistics (ONS), showing the unemployment rate has risen to 4.7 per cent, the number of people on payroll has dropped and wage growth has slowed, Policy Chair of the Federation of...
TIME TO PAY UP: TOUGHEST CRACKDOWN ON LATE PAYMENTS IN A GENERATION UNVEILED IN PLAN TO BACK SMALL BUSINESSES

Pension reforms risk higher prices, fewer jobs and slower growth, FSB warns

by Tracey Carter | J Jul, 2025 | FSB News, Spelthorne Business

New report by the Federation of Small Businesses (FSB) finds that workplace pension changes could pile more pressures onto small employers This comes ahead of the second phase of the Government’s Pensions Review, which could bring in reforms Government must consider...
TIME TO PAY UP: TOUGHEST CRACKDOWN ON LATE PAYMENTS IN A GENERATION UNVEILED IN PLAN TO BACK SMALL BUSINESSES

New Employment Bill timetable will bring wave of disruptive changes

by Tracey Carter | J Jul, 2025 | FSB News, Spelthorne Business

Responding to the Government’s roadmap setting out how it will deliver its new package of additional employment legislation through Make Work Pay, Tina McKenzie, Policy Chair at the Federation of Small Businesses (FSB), said: “Today’s timetable sets...
TIME TO PAY UP: TOUGHEST CRACKDOWN ON LATE PAYMENTS IN A GENERATION UNVEILED IN PLAN TO BACK SMALL BUSINESSES

New Industrial Strategy must spark growth and opportunity for small businesses

by Tracey Carter | J Jun, 2025 | FSB News, Spelthorne Business

Responding to the publication of the Government’s new Industrial Strategy, Tina McKenzie, Policy Chair at the Federation of Small Businesses (FSB), said:  “Through opening up procurement, helping to tackle late payments, and supporting new sectors...
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