Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Small business champion Good Business Pays appoints former Small Business Commissioner, Philip King, Non-Executive Director

by February 27, 2023
February 27, 2023
Small business champion Good Business Pays appoints former Small Business Commissioner, Philip King, Non-Executive Director

Good Business Pays today announced the appointment of Philip King as Non-Executive Director.

Founded in 2021, Good Business Pays campaigns to encourage large businesses to adopt fast payment processes. It is now supported by financial behemoths that include Mastercard, Barclays and Previse, as well as the Federation of Small Business, CBI, Institute of Directors, Make UK and the British Chambers of Commerce.

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.

Commenting on Philip’s appointment, Terry Corby CEO and Founder of Good Business Pays said: “Philip’s vast experience in business and advising government on improving payment practices will bring a wealth of knowledge to us and help us understand the best ways to accelerate Good Business Pays’ ability to exert pressure on late and slow paying companies. These poor practices put small businesses in jeopardy, particularly now as SMEs face unprecedented challenges from the cost-of-living crisis.”

Philip King said: “Late payment must be recognised for the damage that it causes to small businesses and the UK economy. I am delighted to join the Board of Good Business Pays to support the campaign’s efforts to drive the culture change that is so desperately needed. After a long career in the private sector and advising government, the issue remains a personal and professional passion.”

Good Business Pays reported the names of more than 70 of the slowest and latest paying companies on 14 February 2023. Analysing data from over 5,000 companies from BEIS data, it revealed UK companiesand sectors which take more than three months to pay suppliers.

 

Read more:
Small business champion Good Business Pays appoints former Small Business Commissioner, Philip King, Non-Executive Director

0
FacebookTwitterGoogle +Pinterest
previous post
Begbies Traynor boosted by collapse of Paperchase and host of insolvencies
next post
CBI urges Jeremy Hunt to rethink tax grab at March budget

You may also like

Labour will use state bank to fund female-led...

March 11, 2024

How Dante Labs Empowers Consumers With Personalised Genomic...

February 2, 2023

Wrexham’s Hollywood owners seek new investors to back...

April 6, 2025

Asda and Wayve launch UK’s largest self-driving grocery...

April 17, 2023

Development Bank of Wales joins Admiral Pioneer in...

October 12, 2022

UK economy growth prospects gloomier than predictions leaving...

January 25, 2023

Will UK Budget in March spark pension exodus?

January 6, 2023

University of Hull launches Railwhere to drive innovation...

May 15, 2025

Starlink set to power rural NHS GP surgeries...

March 10, 2025

Twitter has ‘50% chance’ of major crash during...

November 21, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump, lawmakers react after ‘big, beautiful bill’ clears Senate hurdle

      June 29, 2025
    • How Staff Can Strengthen HIPAA Compliance and Security

      June 29, 2025
    • Lotus denies plans to close Hethel factory amid US expansion talks

      June 29, 2025
    • Top university degrees lose sway as tech employers prioritise job-ready skills

      June 29, 2025
    • Government urges supermarkets to make healthy food more appealing in bid to tackle obesity crisis

      June 29, 2025
    • Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

      June 29, 2025

    Categories

    • Business (8,334)
    • Investing (2,081)
    • Politics (15,854)
    • Stocks (3,177)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved