March 2026

UK firms may soon face fines for paying supplier invoices late

The UK government is preparing new legislation that could require companies to pay supplier invoices within 60 days or face penalties. The proposed rules are designed to tackle late payment issues that continue to put pressure on small businesses across the country.At present, paying within 60 days is encouraged under the Prompt Payment Code, but […]

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Regional Mayors Set to Gain Tax Powers Under New Government Plans

The UK government has announced plans to give regional mayors greater control over how tax revenue is spent in their areas, marking a significant shift in economic decision-making away from central government.Chancellor Rachel Reeves confirmed that proposals, expected in the Autumn Budget, will allow local leaders to retain and allocate a share of nationally collected

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