The Groceries Code Adjudicator (GCA) Christine Tacon has insisted there is “no evidence” of late payments by supermarkets to their suppliers, despite the Food and Drink Federation (FDF) arguing the complete opposite.
Almost a quarter of small businesses have felt the effects of late payments over the past year, according to research by the national small business group the Forum of Private Business.
Britain’s food retailers and manufacturers have significantly improved late payments in the third quarter of this year, according to financial specialist Experian.
Appointing an adjudicator to police the Groceries Supply Code of Practice (GSCOP) would help to remedy the growing problem of late payments owed to food and drink manufacturers, according to the Food and Drink Federation (FDF).
