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New 'conciliation service' will help small UK suppliers enforce prompt payment, says government

A new 'small business conciliation service' (SBCS) will be set up to help resolve disputes between small businesses and the large firms that are their clients, particularly in relation to late payment, the UK's new business secretary has announced. 20 May 2015

Risks to global supply chain 'returning to record highs' as commodity prices fall

Risks to global suppliers are "back on course to return to record highs" as the effects of a sustained drop in commodity prices begin to be felt by suppliers and producers at the very base of supply chains, according to new research. 18 May 2015

Out-Law Guides

  • Managing automotive recalls in China

    Automotive manufacturers selling vehicles in China are subject to strict rules governing product safety and must follow procedures set by a regulator when undertaking recalls. Manufacturers face financial losses, regulatory fines and significant reputational...

  • Using competitive tenders

    Many private sector organisations are using competitive tenders to procure goods and services or award significant contracts. Competitive tenders can be used to maintain a competitive edge and drive a better commercial deal.

  • Third party contracts and bank ring-fencing

    This is one of a  series of guides  on issues connected to ring-fencing and banking reform faced by banks. Other guides cover issues such as tax, real estate, employment, pensions, litigation and competition considerations.

  • Ensuring continuity of supply in a crisis

    This guide was last updated in August 2011.

  • Transferring supply chain contracts

    If the assets of a company are taken over or the company merges with another, this will affect its legal identity. When this happens, any contracts which that company is a party to will need to be adjusted so that any rights and obligations it has will transfer...

Payment practices could be moving to the heart of corporate social responsibility following UK government action, says expert

FOCUS: Large businesses that force their suppliers to accept lengthy payment terms or continually pay suppliers late could face serious reputational damage following the latest announcements by the UK government. 17 Apr 2015

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