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…

New research from the Federation of Small Businesses (FSB) suggests half (52%) of small firms have been stung by unfair contract terms with suppliers, costing nearly £4 billion in the last three years. Suppliers are failing to make auto-rollover clauses clear up front (24%), tying businesses into lengthy notice periods (22%), charging high early termination…

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