TLDR Design · MISCELLANEOUS
DESIGNERS WELCOME CRACKDOWN ON “UNFAIR AND EXHAUSTING” LATE PAYMENTS
Summary from the TLDR Design newsletter
The UK government has announced major reforms to tackle late payments, aiming to protect SMEs and freelancers by introducing strict invoice terms, mandatory interest, and stronger enforcement powers for the Small Business Commissioner. While the measures have been widely welcomed as a long-overdue support for the backbone of the UK economy, concerns remain about enforcement gaps and whether smaller companies—often the offenders—will be held accountable.