The Conservative manifesto says…
“we will use our buying power to ensure that big contractors comply with the Prompt Payment Code both on government contracts and in their work with others. If they do not do so, they will lose the right to bid for government contracts.”
That sounds like a commitment to lead by example and that a Conservative government would only deal with companies that play fair, but makes no promises on legislation or support for SMEs when their credit terms are abused. The Prompt Payment Code (http://www.promptpaymentcode.org.uk/) is administered by our trade body, The Chartered Institute of Credit Management, and gives companies confidence when dealing with its signatories that they won’t be unfairly treated. At My Credit Controllers we support and encourage people to sign up and abide by its terms, but as a voluntary scheme it would be good if there was a more effective ‘stick’ in law to beat those who wish to exploit SMEs.
I am very thankful to you for sharing this necessary knowledge. This information is very helpful for everyone. So please always share this kind of information. Domestic Scaffolding London
ReplyDeleteI was skeptical at first, but Pay Someone To Take Your Online Class service proved to be a lifesaver. Pay Someone To Take Your Online Class Their experts handled my online classes seamlessly, allowing me to focus on other priorities
ReplyDeleteSave big on your vehicle maintenance with a Protyre Discount Code! Get excellent deals on tyres, MOTs, and servicing for your car. The Protyre Discount Code offers significant savings to keep your vehicle in top condition without breaking the bank. Don't miss out—use your Protyre Discount Code today for unbeatable prices and top-notch service!
ReplyDelete