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2025-07-31 11:14:08 UTC

Adam Jacobs 🇺🇦 on Nostr: "Under the new legislation, businesses will have to pay their suppliers within 30 ...

"Under the new legislation, businesses will have to pay their suppliers within 30 days of receiving a valid invoice, unless otherwise agreed"

*unless otherwise agreed*

That is a loophole the size of a planet. I can tell you exactly how it will work. The large company will just tell the small company that their standard payment terms are 90 days, and they will need to agree to them, or they don't get the work.

https://news.sky.com/story/companies-who-pay-suppliers-late-to-be-fined-13404320

#UKPolitics #LatePayment