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Reduce maximum company payment terms to a maximum of 60 days from date of invoice

Submitted on Saturday 23rd June 2012

Published on Monday 25th June 2012

Current status: Closed

Closed: Tuesday 25th June 2013

Signatures: 1

Tagged with

Economy ~ Money ~ UK ~ UK economy

Petition Action

Reduce maximum company payment terms to a maximum of 60 days from date of invoice

Additional Information

Reduce company payments terms to a maximum of 60 days from date of invoice.

This will speed up the transition/flow of money through the UK economy and stimulate economic growth.

This will improve cash flow for small businesses and ensure that businesses are paid on time for their products and services.

This will prevent big businesses hold ing on to their money and strangling the cash flow of small businesses.


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