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Wake Up to Money

Pay late, pay up

Wake Up to Money

BBC

Business

4.4754 Ratings

🗓️ 31 July 2025

⏱️ 52 minutes

🧾️ Download transcript

Summary

Will Bain looks into a new Government announcement aimed at helping small businesses. It could see companies who persistently pay invoices late face fines. How big a problem is it, and will the plans actually make a difference? And the England and Wales Cricket Board has confirmed the sale of six teams in The Hundred, with more than half a billion pounds set to be pumped into the domestic game - but is it sustainable?

Transcript

Click on a timestamp to play from that location

0:00.0

BBC Sounds, music, radio, podcasts.

0:05.5

Wake Up to Money from BBC 5 Live.

0:08.5

Hello morning, welcome to Wake Up to Money.

0:10.8

On the programme this morning, we get our teeth into the latest government announcement

0:14.4

aimed at trying to help small businesses by fining companies who consistently pay their suppliers late.

0:21.2

How big a problem is it?

0:22.5

And will the plans actually make a difference?

0:24.0

We'll be taking a look at that.

0:25.4

Shares in Microsoft and Meta have soared after the two big tech giants report better

0:30.3

than expected financial results.

0:32.0

We'll be talking about that in just a moment as well and how AI and cloud computing

0:36.4

are pushing those sales once again.

0:38.5

And we'll be talking cricket. The England and Wales cricket board has confirmed the sale of

0:42.2

six of the teams in the hundred with more than half a billion pounds set to be pumped into

0:47.7

the domestic game. So we'll try and look at where that money might go. A little bit later on here on

0:52.0

Wake Up to Money with Will Bade. Yeah, morning.

0:56.9

Welcome to Wake Up to Money on Thursday, the 31st of July. Just on 5 o'clock in the morning. We're

1:02.0

with you this morning. Lots to get to. Some more trade deals struck before that deadline on Friday as well

1:09.2

that President Trump has set South Korea, the latest of the big economies to have signed one of those.

1:13.6

We're going to look at what's been going on with this flight disruption yesterday caused by the National Air Traffic Control outage and what might happen with that.

1:21.6

And yeah, this new sort of plan by the government that they're rolling out today was called a small business plan.

1:26.6

It looks a lot more kind of focused really on this issue specifically of late payments.

...

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