Tag: Cap
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Late payments: CIOB backs hard cap on time for invoices to be paid
The Chartered Institute of Building (CIOB) has said it supports a hard cap on the time allowed for invoices to be paid or disputed to end poor payment practices in the industry. In its response to the government consultation on late payments, CIOB also backed “financial consequences” for those who ignore the rules, as well…
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Ofgem warns: Price Cap drop may not be the best deal
Energy bills are set to fall by 7% from July, but regulator Ofgem is urging homeowners not to rely on the energy price cap alone, warning that switching to a fixed tariff could lead to bigger savings. Despite the summer drop, many households could still be overpaying for their gas and electricity. The regulator says…