Morrisons speeds up payments to small suppliers because of coronavirus

Firms who sell less than £1m of goods a year to supermarket will be paid within 48 hours Coronavirus – latest updatesMorrisons is to speed up payments to its smallest suppliers to help them with cash flow during the coronavirus outbreak.From next week, suppliers who sell less than £1m of goods a year to the supermarket will receive payments within 48 hours rather than the usual two-week window, benefiting about 3,000 small businesses – more than half of whom are farmers.