The Government may introduce a new prompt payment initiative in an attempt to help small businesses get their invoices paid on time. Such a move may stop late-paying companies from winning government contracts as they would be expected to open their books as part of the negotiation process to prove that fair play is applied when paying suppliers. Research from Sage shows the UK has the highest proportion of invoices paid late with 17 per cent of all invoices to SMEs not paid on time. https://bit.ly/2Rldcil