Travis Perkins suppliers stunned as payment times increase

Suppliers to Travis Perkins have been left fuming after the giant builder’s merchant suddenly decided to double the length of its payment terms.
Letters sent to suppliers last week stated that new standard payment terms would now be 60 days from the end of the invoice month compared to the 30 days some currently enjoy.
The move could see some suppliers who invoice early in the month having to wait nearly three months to get paid.Travis Perkins said the move would “drive greater consi