date:May 21, 2014
Lobbying group the Forum of Private Business has criticised food manufacturer MarsUK for extending the timeframe in which it pays suppliers in the UK.
The forum claims that Mars qualifies because it is using a variation of a supply chain finance scheme as cover for extending payment terms to suppliers.
A spokesperson for the forum told The Times that it was acting on the basis of an anonymous letter of complaint it had received.
The letter revealed that payment terms are being extended from