Good Business Pays TV
We need to come together to stop late and slow payments that hit small businesses and hold back the UK economy.
Good Business Pays CIC was founded in early 2021 as a response to the growing cashflow problems for small businesses in the UK. We shine a light on "what good looks like" in terms of payment culture. To do this, we created the Fast Payer Awards, an annual accreditation and award given to companies that pay their suppliers fast (i.e. in well under 30 days) and pay almost all of their invoices within agreed terms (i.e. more than 95%).
GBP TV aims to highlight the issues created as a result of a culture of late payment, and importantly share good practice from across industry to promote discussion, debate and so we can all learn from the best and encourage others to improve their payment culture too.
Good Business Pays TV
Interview with Philip King, former Small Business Commissioner for UK Government
In a career spanning more than 40 years Philip King relentlessly championed the cause of small businesses as Interim Small Business Commissioner and Chief Executive of the Chartered Institute of Management (CICM).
He has served as a board member for the Start-Up Loans Company, and was a Red Tape Champion for Insolvency. He is the author of the ‘Managing Cashflow Guides’ and architect of the Prompt Payment Code for the Department of Business, Energy, and Industrial Strategy (BEIS). He has worked closely with successive governments to champion best-practice credit management, tackling late payment, and supporting small business.
In this interview Philip, who is now a Non Executive Director at Good Business Pays, discusses the late payments culture in UK Business and his considerable experience in trying to make things better.
For more information about Good Business Pays, visit our website: https://goodbusinesspays.com/
For more information, including company payment data, resources and campaign information, visit goodbusinesspays.com
