New compliance regulations are forcing U.K.-registered firms to provide detailed information on how they pay their suppliers, as regulators seek to address late payment practices that are becoming more prevalent in the country. The new rules, introduced by the U.K.’s Department for Business, Energy & Industrial Strategy, or BEIS, came into effect earlier this month and require companies to detail twice a year how they pay their...

Source: Wall Street Journal April 27, 2017 14:24 UTC