Feb 24, 2016Mark Rice, The Painting Specialist, Expert Painters & Decorators in London & Supply The Best Painting & Decorating Services in London. NW6 & Local...
Feb 26, 2019FloorWorks provides dust-free floor sanding service around London. We do parquet floor restoration, floorboards restoration, polishing and...
Sep 20, 2017Plaza Chauffeurs is a professional Executive Cars taxi business based in Central London. We are specialized in London Airport Transfer Service to...
Mar 23, 2015
Jun 20, 2015
Jun 9, 2018
Jun 11, 2015
Apr 22, 2015
May 17, 2014 Magazines and E-zines
In continuous publication since 1885 and widely respected as England's longest running weekly...
May 17, 2014 Programming
Webdesign 7 is a professional digital agency located in South East London which comes with lots...
May 17, 2014 Education and Training
W.H.E.R.E. education consultants is a company that focuses only on British education. Such...
May 18, 2014 Employment
Search our classifieds to find a wide range of jobs available throughout the UK and abroad for...
May 18, 2014 Dentistry
Kings Cross Dental Clinic and the Emergency Dentist London is happy to be part of a family which...
Ministers propose small business commissioner to mediate late payment disputes but legal penalties not ruled out
posted on Aug 1, 2015
A new small business commissioner would help small firms tackle £26bn a year in late payments, the government has proposed.
Announced in the Queen's Speech, the Department for Business, Innovation and Skills has today opened consultation on a new body to handle disputes over late payment between small firms and their large clients.
The commissioner would have the power to investigate complaints and publicly name and shame those companies that follow poor payment practices or instigate unfair terms such as forcing suppliers to slash prices in order to retain a contract.
The mediation service is unlikely to be free to small company owners wanting to access it as they would need to pay a fee.
One of the funding options being considered by the government is basing it on the cost of mediation in family law cases which is £50 (+VAT) for a one hour session for claims under £5,000 or £425 (+VAT) for four hours if the claim is between £15,000 and £50,000.
Ministers have been inspired in their idea by a similar scheme in Victoria, Australia which has seen half of cases successfully resolved at 30% or less of the cost of litigation.
Image source: Enterprise Nation