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Only 5% of the 5,158 UK’s largest companies that report payment terms have qualified for the 2022 award from Good Business Pays.The award recognises big businesses that pay at least 95 per cent of their invoices on time and within 27

WARNING – FAKE RECLAIM FUND WEBSITEIt has come to our attention that a person unknown is operating a fake Reclaim Fund website at www.reclaimfund.ltd. This appears to be an attempt to defraud members of the public.

The UK government has launched a 12-week public consultation on the future spend direction of the next tranche of dormant asset funding.

Jane Hanson, Chair of Reclaim Fund Ltd (RFL) and Dormant Assets Expansion Board, has been awarded a CBE in the Queen’s Birthday Honours 2022 for services to charity.

Standard Chartered Bank is the latest participant to join the UK Dormant Assets Scheme.

RFL is delighted to welcome the fourth participant to the Alternative Scheme, Saffron Building Society.

Leek United Building Society are the latest participant to join the UK Dormant Assets Scheme – Alternative Scheme.

Marking a significant milestone, the Dormant Assets Bill has today received Royal Assent, bringing forward new legislation to expand the existing Dormant Assets Scheme operated by Reclaim Fund Ltd (RFL) since 2011.

Adrian Smith, Chief Executive of Reclaim Fund Ltd – the FCA regulated organisation which works with industry and government to facilitate the dormant assets scheme – comments on the