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

Formula 1’s Selective Morality: The Flavio Briatore Paradox

June 22, 2024

Maximising Efficiency and Productivity: The Critical Role of...

January 4, 2024

Winning Big: Tales of Record-Breaking Casino Jackpots

September 20, 2023

Workplace rights for individuals undertaking IVF treatment 

April 10, 2024

Why Online Courses Are the Future of Business...

December 9, 2022

Exploring the Exciting World of Kenya’s Online Sport...

July 11, 2023

ChatGPT owner OpenAI to open first foreign office...

June 29, 2023

UK Gender Pay Gap Set to Close in...

June 3, 2024

Trump’s tariffs ‘already hitting Britain’s steel exports’

March 19, 2025

Over half of UK employees are forced back...

February 16, 2023

    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

    • IVF parents should have right to paid fertility leave, says GMB union

      June 9, 2025
    • Reform UK clashes with Bank of England over interest payments to lenders

      June 9, 2025
    • Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

      June 8, 2025
    • Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

      June 8, 2025
    • Obama WH physician says Biden doc should have performed cognitive test

      June 8, 2025
    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025

    Categories

    • Business (8,154)
    • Investing (2,019)
    • Politics (15,571)
    • Stocks (3,136)
    • 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