AGP Executive Report
Last update: 11 hours agoLate-Payment Crackdown: New UK laws are set to clamp down on firms that keep small suppliers waiting, with a proposed 60-day payment cap for large businesses, mandatory late-payment interest (8% above base rate), and a retentions ban in construction—aimed at stopping the hours of chasing money that can sink cashflow. HMRC Pressure on SMEs: HMRC has boosted recoveries from small-business and individual tax investigations, with the average yield rising to £24,700 as advisers warn the rules keep getting more complex. SME Growth Milestone: Tide says it has crossed 2 million members globally, including 1.1 million in India since 2022, as more SMEs move to digital management. Local Planning Watch: Bungay residents are being asked to shape parking and safety changes, including resident permit schemes and clearer road markings. Community & Skills: Homefront Day 2026 drew 70+ volunteers and local business donations for repairs and upgrades—small-scale action, big local impact.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
