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Tesco breaches GCA supplier code – what does this mean for SMEs?

Tracy Ewen, managing director of IGF Invoice Finance, comments on the news that Tesco is to be censured by the Groceries Code Adjudicator over its treatment of suppliers. http://www.ccrmagazine.com/index.php?option=com_content&task=view&id=14481&Itemid=34

Tesco ‘sorry’ after admitting harmful practices

Tracy Ewen, managing director of IGF Invoice Finance, which works with many of the suppliers, added: “For many in the supply chain, Tesco’s payment terms have been unsustainable due to delays in payments and unexpected changes in contract terms." http://neighbourhoodretailer.com/tesco-sorry-after-admitting-harmful-practices/
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