article_snippet: Chains including Morrisons and Marks & Spencer have introduced schemes that delay the payment of invoices to small businesses that supply Chains including Morrisons and Marks & Spencer with goods.
article_snippet: The suppliers have to wait up to a month longer to have The suppliers bills honoured, but if The suppliers cannot hold on this long, The suppliers offer The suppliers access to credit from a bank.
article_snippet: Under arrangements introduced late last year, most of the supermarket's suppliers have been persuaded to wait 90 days for the supermarket's suppliers invoices to be paid, a month longer than previously.
article_snippet: A supermarket says A supermarket is keen to work with A Morrisons supplier, who wished to remain anonymous for another 12 months – but rather than settle the invoice monthly A supermarket would prefer to hang on to the cash for longer and delay payment to 90 days.
article_snippet: M&S increased the waiting time for suppliers before M&S bills are settled from 60 days to 75 for clothing and 'general merchandise' in 2013.
article_snippet: Food suppliers wait between 19 and 39 days.
highlights_snippet: Morrisons and M&S have introduced schemes that delay invoice payment .
  
highlights_snippet: Suppliers have to wait up to a month longer to have Suppliers bills honoured .
  