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UK Mulls Adding Fines for Late Supplier Payments

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Trying to improve the ongoing problem of late payments to suppliers at key points in the supply chain,  the U.K.-based Association of Accounting Technicians (AAT) comissioned a YouGov poll that found 73 percent of members of Parliament (MPs) agreed with the three changes AAT has recommended to the voluntary Prompt Payment Code regulation. The proposed changes…

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