Commercial Credit Management News August 2023
We hope this blog finds you well. If there is anything you would like to see more of in our round ups from more Credit Management Hints & Tips to help on E-learning webinars let us know:
COMMERCIAL CREDIT MANAGEMENT
Government was slow to take action on Covid 19 grant losses
Business confidence in the economy remains low
Late payment legislation fails to speed up payment practices
REGULATION & COMPLIANCE
Late payment legislation fails to speed up payment practices
Directors who abused Bounce Back Loan scheme receive ban and tagging orders
Bank of England warns on corporate default risk
Interest rates rise to 15 year high – business industry reaction
