UK pulls up Rolls-Royce for slow supplier payments

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UK pulls up Rolls-Royce for slow supplier payments
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Engine maker Rolls-Royce said on Monday that it had been suspended from the UK g...

FILE PHOTO: A Rolls-Royce logo is seen at the company's aerospace engineering and development site in Bristol, Britain, December 17, 2015. REUTERS/Toby Melville

The PPC is administered by the Chartered Institute of Credit Management and sets standards for payment practices including prompt payment as well as wider payment procedures.

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