Businesses suffering from significant Late Payment delays

Latest data from Money.co.uk has found that on businesses are facing 47-day payment delays.
The FSB has described late payments as one of the ‘biggest problems’ facing small businesses and with the Government announcing plans to crack down on late payments with stricter laws to help smaller businesses and grow the UK economy The research highlights the problem.
The research analysed data from the Department for Business and Trade to show how late payments affect UK businesses.
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