New proposals obliging large and listed companies to publish detailed information about their payment practices and performance have been unveiled by Business Minister Matthew Hancock [pictured].The changes will provide robust information making it easier for small businesses to â€œcompare the role models with the less reputable.â€ Specifically, the average payment time will be revealed; the proportion of invoices paid beyond terms; and the proportion of invoices paid within 30 days, over 30 days, over 60 days and over 120 days.The new proposals show â€œhow the government intends to use the prompt payment powerâ€ in the Small Business, Enterprise and Employment Bill which is currently going through Parliament. Reporting on a quarterly basis will be mandatory.
Share By MICHAEL RODRIGUEZSpecial to the PRESSOne life is gone and another changed forever after a teenager involved in a car accident during Spring Break on the Island succumbed to his injuries Wednesday night.Sixteen-year-old Alex Soto, a junior at Los Fresnos High School, died from injuries sustained in a DWI wreck at South Padre Island on March 15, according to Sergeant Johnny Hernandez of the Texas Department of Public Safety. Soto died at Rio Grande Regional Hospital in McAllen, where he had been hospitalized since the accident.The condition of a second person who was also hospitalized as a result of the wreck remained unclear as of presstime.The accident occurred in the vicinity of Park Road 100 and Beach Access 6.Hernandez said Thursday that 19-year-old Anthony Rojelio Rodriguez of Elsa was arrested by DPS troopers the day of the accident on two counts of intoxication assault; however, it may be a grand jury deciding whether Rodriguez’ charges will be upgraded to intoxication manslaughter.“We first have to investigate it,” said Melissa A. Zamora, Public Information Officer for the Cameron County District Attorney’s Office. “I don’t even see it coming up in our system, which means it hasn’t gone before a grand jury. Ultimately, a grand jury will decide whether there is sufficient evidence to indict.”In the meantime, Rodriguez remains incarcerated at Cameron County Jail on $50,000 in bail.Los Fresnos CISD Superintendent Gonzalo Salazar has issued a statement regarding Soto’s death, which reads, “We are a tight-knit community in Los Fresnos. We grieve together and we celebrate together. Our thoughts and prayers are with the family in these difficult times.”Read this story in the March 28 edition of the Port Isabel-South Padre Press, or subscribe to our E-Edition by clicking here. RelatedSPRING BREAK 2013: The good, the bad, the uglyBy RAY QUIROGA Port Isabel-South Padre PRESS [email protected] While a healthy crowd of Spring Breakers and vacationers remain in the area, another Texas week is officially in the record books. Officials estimate that upwards of 25,000 vacationers descended on the Island this Spring Break, Texas Week crowds, however, are estimated…March 21, 2013In “News”Decker pleads guilty, gets 11 yearsBy FREDDY JIMENEZ Port Isabel-South Padre Press [email protected] Daisy Joy Decker, 21, of Sugarland, was sentenced Wednesday morning to serve 11 years in prison after pleading guilty to manslaughter. Appearing before 445th state District Judge Gloria Rincones, Decker was found guilty of intoxicated manslaughter with a vehicle as well…April 19, 2019In “News”Fourth death on IslandBy DINA ARÉVALO Port Isabel-South Padre Press [email protected] A fourth body was found on South Padre Island in a week. At about 5:23 p.m., a 74-year-old man was found unresponsive in the dunes approximately one mile north of Beach Access 5, according to a statement released by the Cameron County Park…March 21, 2015In “News”