6 in 10 Small Businesses restricted by late payments

A new report from GoCardless, in partnership with the Federation of Small Businesses (FSB), has revealed an escalating late payments crisis threatening UK small businesses.
A survey of over 2,000 small Business owners found that 45% are experiencing more late payments than a year ago, while 50% fear the situation will worsen in the next 12 months. For many, the delays are severe—almost a quarter (24%) of SMBs report receiving payments up to 60 days late.
With small businesses accounting fo