ICAEW Chief Executive Vallance Issues Statement on Late Payments Measures and King's Speech
May 15, 2026
May 15, 2026
LONDON, England, May 15 -- The Institute of Chartered Accountants in England and Wales issued the following statement by Chief Executive Alan Vallance on May 13, 2026, on late payments measures and the King's Speech:
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"Late payments are damaging to the economy, threatening jobs and the survival of otherwise productive businesses. Time spent chasing payments is time that is not being used by businesses to win new work and grow, and this legislation will ma . . .
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"Late payments are damaging to the economy, threatening jobs and the survival of otherwise productive businesses. Time spent chasing payments is time that is not being used by businesses to win new work and grow, and this legislation will ma . . .