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Information about interest rates and credit terms and conditions will be standardised to make it easier to compare offers.
I have always been sceptical about greatly extending credit terms.
Competition in shipbuilding is keen, and orders go to the most attractive quotations for quality, price, credit terms, delivery dates and so on.
In the credit terms which it advanced and the prices it charged, it was much less subject to political pressure.
Because we came to the conclusion, with regret, that economic circumstances did not permit us to offer credit terms.
We have introduced interest relief grants to help with the problem of credit terms; we have acted in both education and training.
We now have perfectly good and competitive credit terms.
The offering of incentive-like discounts, favourable credit terms or any other recognised means of promoting sales, is a normal part of competition.
It is the commissioners' policy to pay their suppliers within the agreed credit terms.
It would be a pity to have the two competing with each other on the basis of credit terms.
Provisional estimates of these costs for 1999 are presented in the table, as are equivalent bills for customers on standard credit terms.
It is not in our interests to give longer credit terms generally so that we stand out of our money for a longer time.
We always seek to be as helpful as we can in granting credit terms, but credit terms and assistance are outwith this intervention scheme.
Often credit terms are a major factor in attracting new shipping business.
I am, however, not in a position to indicate the credit terms upon which individual orders have been placed.
