British Businesses Suffer Due to Unpaid Invoices
New research has revealed that British SMEs are owed more than £500 billion in outstanding invoices, an increase of more than 70% in two years. The latest Lloyds Bank Commercial Banking Business in Britain research also found that the problem is likely to get worse during 2016, with almost 30% of small businesses expecting more […]
MEPs Back Small Debt Recovery Plans
The European Parliament’s legal affairs committee has given its backing to plans to improve and broaden the use of a simplified procedure for low-value cross-border claims to recover money from abroad. The proposed changes would cut costs and paperwork for both consumers and businesses, and also make the procedure available for more cases, cap court […]