[…] The UK has recently provided some great news for SMEs. Large corporations have been instructed to increase the speed of their payments to small businesses with less than 50 employees. Now the 2800 signatories of the UK’s Prompt Payment Code (PPC) must pay B2B transactions to small companies in 60 days (and government bodies must pay in 30 days). The end of 2022 saw the UK reviewing the effectiveness and exploring ways to further enforce compliance. […]