Having undertaken a year-long study into the legal services sector, the Competition and Markets Authority (CMA) has concluded that competition in legal services for both small businesses and individual consumers is not working well. In particular, there is not enough information available on price, quality and service to help choose the best option. The CMA…
Large companies will be required to publish details on how quickly they pay their suppliers, under draft regulations set out by small business minister, Margot James. Coming into force from April 2017, a “duty to report” will require large companies and limited liability partnerships (LLPs) to publicly report twice yearly on their payment practices and…