Regulator’s update – August 2026

The Payment Times Reporting Regulator released the August 2026 Regulator's Update today. The update highlights:

• payment times insights from Reporting Cycle 10 (1 July 2025 to 31 December 2025)
• changes to the Regulator’s engagement process
• updates on the Regulator’s priorities for 2026 and the Scheme’s transition from education to enforcement
• compliance and enforcement action undertaken.

This update analyses large business payment practices across and within industries using post‑reform data, providing fresh insights into payment behaviour following the reforms. Highlights from the reported data in Reporting Cycle 10 include:

• average common payment terms has remained stable over 3 reporting cycles at 29 days
• a 6.6 percentage point improvement in the average proportion of invoices paid within 30 days from Reporting Cycle 1
• the Public Administration and Safety industry was the strongest‑performing industry for on‑time invoice payments, achieving an on‑time payment rate of 76.4%.

Save the date: Stakeholder Liaison Forum

The Regulator will host the next Stakeholder Liaison Forum on Wednesday 9 September 2026. The forum is an opportunity to hear directly from the new Regulator and the Scheme’s leadership team.

If you or your organisation haven’t attended before, we warmly invite you to join our upcoming forum – register for the forum now!