Only one third of payments being made on time
Larger companies are the worst offenders, with just 8% settling invoices by due date
News
Business losses from mandate fraud double to £77m
Fraudsters cost businesses an average of £23K when they successfully impersonate suppliers
EY hits back at calls for Big Four to be broken up
EY CEO Mark Weinberger says corporations need its multidisciplinary approach when it comes to thorough auditing
80% of CFOs spearheading digital transformation
Finance directors increasingly leading digital change within companies as their role pivots from accounting
Osborne takes on FD role at troubled Debenhams
Retail veteran exits Domino’s to take up department store reins
Capita poaches Butcher to become new CFO
Troubled outsourcing group turns to experienced financial director
Late payers affect two thirds of small businesses
Less than one third have invoices paid on time
Winners named at IoD’s East of England awards
Ten directors scooped top prizes at the IoD’s annual Director of the Year Awards East of England 2018, held in Newmarket.
Banking sector leads the way in diminishing FTSE100 DB pension deficits
As defined benefit pensions report an overall deficit decrease of £22bn, Barnett Waddingham’s annual FTSE100 report delves deeper to understand the…
