Pay up or face big bad Bill

Article Abstract:

The UK's new Labour government has pledged to introduce legislation covering late payment of bills in business. The new rules, which could come into force by summer 1998, will allow businesses to claim statutory interest on unpaid invoices and will give guidelines as to when interest can be charged. However, the proposed legislation has been criticised by the British Chamber of Commerce because it could cause relationships between companies to deteriorate and will require extra resources to administer.

Laws, regulations and rules, Invoices

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Double your profits: a step by step guide

Article Abstract:

There are a number of ways in which electrical contracting firms can boost their profit levels. It is vital first to assess the profit and loss account, looking particularly at ways of reducing direct costs. All items should be scrutinised, and staff can be requested to offer their own views on where financial performance could be improved. Other areas which require consideration include rent and rates, use of power, finance charges and costs of additional items such as transport.

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The changing face of LG3

Article Abstract:

The updated version of Lighting Guide 3 is to be published by the CIBSE in March 1996. They cover the lighting of areas with VDT (visual display technology) screens. Misunderstandings associated with the old rules mean that office lighting installations were often inappropriately specified with luminaires having LG3 Category 2 louvers. The new rules allow for greater flexibility and should result in Category 2 louvers no longer dominating most office environments.

Display devices (Electronics), Cover Story, Environmental aspects, Offices, Information display systems, Lighting

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