Monthly Archives: March 2013
Renewed Interest In Late Payment
Monday, 25 Mar 2013
Legislation dating back 15 years to allow business to business suppliers of goods and services to claim interest on late payment of invoices has been updated this month. The new Regulations retain both the interest rate of 8% above the Bank of England base rate and also the ability to claim compensation for “recovery... Read More
Unfair Contract Terms – Business or Consumer?
Friday, 15 Mar 2013
When a consumer enters into a contract to buy goods or services from a business various terms and conditions are implied into the contract which give the consumer protection, such as the goods will be of satisfactory quality and services will be provided with reasonable care and skill. Where the seller of the goods... Read More