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Compliance with UK Prompt Payment Code to be 'rigorously enforced', says minister

Large companies that have signed up to the industry's Prompt Payment Code but that do not pay their suppliers within a reasonable time period will have their names removed, UK business minister Matthew Hancock has confirmed. 02 Mar 2015

Public procurement reforms come into force across most of the UK

New rules requiring public bodies in England, Wales and Northern Ireland to change the way they procure goods and services have come into force today. 26 Feb 2015

Out-Law Guides

  • How to structure collaborative projects

    Organisations are increasingly looking to work in collaboration or partnership with third parties. This may be to achieve operational aims, such as a step change in service delivery, or to reduce costs or achieve efficiencies.

  • 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.

  • Sanctions against Russia and Ukraine from 31 July 2014

    This guide outlines the sanctions imposed by the European Union from 31 July 2014 and the corresponding US sanctions. The sanctions are designed to discourage Russia from, in the words of the EU Regulation , "destabilising the situation in Ukraine".

  • 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.

  • Payment Surcharges Regulations

    This guide was last updated in March 2013.

  • Product liability for negligence

    This guide was last updated in August 2011.

More guides

Requirement to disclose rivals' product details to consumers will only apply in 'exceptional' cases, says expert

Most businesses will not need to provide consumers with details of rivals' products to stay compliant with UK consumer protection laws despite a UK court ruling that such a disclosure by traders may be necessary in some circumstances, an expert has said. 24 Feb 2015

UK competition authority shifts focus to internet intermediaries and gatekeepers

FOCUS: Online platforms that act as intermediaries or gatekeepers to products or services can expect to have their business practices examined closely by the UK's lead competition and consumer protection authority in the coming months. 12 Feb 2015

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