Councils are being urged to access millions of pounds in pain-free savings to help fill the hole left in local authority coffers by government budget cuts â€“ and all they need to do is change the way residents pay council tax.
Business transactions made via Direct Debit outstripped cheque payments for the first time in 2012, underpinning new research showing that SMEs overwhelmingly favour Direct Debit over alternative payment methods.
A nationwide campaig supported by Direct Debit processing bureau, Eazipay, has raised a huge £150,000 for charity, giving 120 deserving causes a welcome ‘Big Break’.
Charities across the UK can increase levels of giving and cut costs by taking advantage of Direct Debit, according to Bacs' charity sector specialist Graham Callaghan.
The advice comes at a time when new research from Bacs Payment Schemes Ltd, the organisation behind Direct Debit in the UK, shows that those donating by Direct Debit pledged more on average over the course of the last year - Â£181, equating to around Â£15 per month - than any of the other top six most popular methods.
UK SMEs will welcome the comments made by business leader and former trade minister, Lord Digby Jones, that the government backed Prompt Payment Code is failing and more power needs to be put in place for it to have any reasonable effect.
That's the view from Eazipay Ltd, the UK's largest Direct Debit processing company, which set-up an online e-petition in February 2013 calling on the government to take much firmer action to help small businesses get paid on time.