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DHL is among five companies to be removed from the UK’s Prompt Payment Code (PPC) after failing to pay suppliers on time.
The move was announced on Sunday by the UK’s Chartered Institute of Credit Management (CICM), with 12 further companies being suspended from the PPC.
A DHL spokesperson told The Loadstar: “We are looking into this and are working to resolve the issue as soon as possible.”
Under the CICM-administered PPC, companies commit to paying 95% of all supplier invoices within 60 days ...
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