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UK’s Strongest Late Payment Law | Glasgow News
Description
The UK is launching its toughest-ever late payment crackdown, aiming to slash the £26 billion owed to small businesses by capping invoices at 60 days and forcing interest on late payments. Backed by global research comparing laws from Japan to the Netherlands, this sweeping Commercial Payments Bill seeks to end the unfair power imbalance that traps small firms in endless chasing — giving them the time and certainty they need to grow.
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