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Why Interserve failure underlines the need for better SME payment protection
A little over a year after the demise of Carillion, the SME sector is again bracing itself following the failure of another major government contractor. The collapse of Interserve underlines the need for better SME payment protection. Invoice finance should be part of the planning. Aside from asking some serious questions about the handling of public sector contractors, the failure of Interserve, which has been placed into administration, will have numerous SMEs sweating over contracts and unpaid bills. While Interserve’s activities have been ... [Read More...»]
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