Business trends

Settle up. Shining a light on the late payment scandal

Small businesses are the heroes of our economy. Yet they are not well defended when it comes to late payments, which cost UK businesses an estimated £1.6 billion in 2023.* The problem is politely called ‘late payment’ which makes it sound like a legitimate business practice. But it’s not. Late payments can drown small businesses....

Alex von Schirmeister

Jul 11, 2024 2 min read