All posts by busbyd

REUTERS | Sean Yong

In December 2008, at a “prompt payment summit”, the Business Secretary, Lord Mandelson, launched a new Code of Practice aimed at increasing the speed of payments to small companies (SMEs). This summit followed an earlier Government commitment to pay its suppliers within 10 days. Continue reading

REUTERS | Yves Herman

Like many, I was keen to see what the Government would do once the consultation period for the Construction Contracts Bill ended earlier this year. After all, they didn’t draft a Bill the industry wanted the first time around – it was universally criticised – and were said to be having a second attempt at it.

I found out last week, when the latest amendments had their first reading in the House of Lords. Continue reading

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