Payment Terms

Morrisons cuts time to pay small suppliers to 14 days

27-Mar-2017 By Matt Atherton

Morrisons’ small-scale food and drink suppliers will have to wait only 14 days for payment, after a pledge from the UK’s fourth-largest retailer.

Late payments hit 23% of small businesses

25-Apr-2014 By Laurence Gibbons

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.

Molson Coors defends move to triple payment terms

21-Sep-2010 By Elaine Watson

Molson Coors has defended its decision to triple the time it takes to pay its suppliers from 30 to 90 days.

Carlsberg makes suppliers wait longer for pay

01-Sep-2009 By Hayley Brown

Carlsberg has been slammed by an organisation representing small businesses for extending its payment terms to 95 days, counting from the end of the...