Retentions: firms could be forced to publish time taken to release cash

03 Feb 2023 By Joshua Stein

Digital Edition: Retentions: firms could be forced to publish time taken to release cash

Companies could have to report on the proportion of money they withhold in retentions under new proposals designed to drive down payment waiting times. Under the plans, any medium-to-large company would need to submit information on their firm’s retention-payment terms if they are subject to…

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