Large firms are ‘crippling’ their smaller suppliers by delaying or freezing payments. A survey by payment firm Previse found that 62 per cent had seen late payments increase since March.
Daily Mail Business Articles
MIDAS SHARE TIPS: High-tech drugs firm Diaceutics really hits the spot
Diaceutics joined the junior AIM market last year – only the fourth business based in Northern Ireland to list on the London Stock Exchange.
MIDAS SHARE TIPS: Induction Healthcare
Coronavirus has left hospitals’ coffers depleted and created a backlog of appointments that need to be rescheduled. Induction Healthcare is a business whose technology helps to solve this problem.
HAMISH MCRAE: It’s time to box clever, Rishi…
If Rishi Sunak does not pitch the next stage of his rescue operation right, then when the job furlough scheme ends in October, the outlook could be grim indeed.
£2m golden goodbye for sacked boss of Thames Water
Thames Water has been accused of rewarding failure over the golden handshake for Steve Robertson.
Staveley case: Barclays paid Qataris to ‘help set up other deals’
Barclays paid Qatari investors extra fees in its 2008 bailout because it expected them to help set up other deals, its former chief executive has said.
Fashion chain New Look wins extension to crucial loan
Lenders agreed an extension to an £80million credit facility in recent days.
Banks braced for £10bn hit as job losses shoot up
Fears are rising of a wave of defaults as customers lose their incomes at the very moment they are asked to start making repayments on mortgages, personal loans and credit cards again.
‘We went round the world to uncover the truth on Wirecard’
I never met Markus Braun, the reclusive ex-chief executive of Wirecard, the wunderkind of German fintech, who was last week arrested and released on bail.
Briton who was FIRST to spot fall of Wirecard
Mark Hiley, who runs The Analyst, reveals in The Mail on Sunday that he issued a ‘Red Flag Alert’ on Wirecard to his clients six years ago.