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
Good Business Pays Interview with Martin Chown, Sellafield Ltd
As the Chief Executive Officer for Sellafield Ltd, Martin is responsible for leading one of the world’s most complex nuclear and industrial sites.
Martin describes in this interview the supply chain of more than 1,000 suppliers, including SMEs, who provide services to Sellafield Ltd. Sellafield Ltd has published a 'manifesto' which includes payment terms and culture for suppliers.
Sellafield Ltd won a Fast Payer Award in 2022. For more winners, visit: https://goodbusinesspays.com/fast-payer-awards-2022/
For more information, including company payment data, resources and campaign information, visit goodbusinesspays.com
