Suppliers 'paid a month late' - Today's small business news roundup

  • By Josh Hall
  • 9 May 2012
Suppliers 'paid a month late' - Today's small business news roundup

The Queen's Speech, late payment, and damp retail results - here's your need-to-know business news roundup.

MPs and peers are preparing to hear the Queen’s Speech, in which the government sets out its plans for the Parliamentary session.

Normally held in November, this year’s Speech has been brought forward after no Speech occurred last year. [BBC]

Large firms are paying suppliers more than a month late according to a new report.

Figures from Experian suggest that large businesses settle invoices on average 31.5 days late. [Telegraph]

Wet weather hit retail sales in April according to the British Retail Consortium.

The group found like-for-like sales fell by 3.3 per cent when compared with the previous month. [BBC]

Read more about: General business , Business finance