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Late payments

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Settle up. Shining a light on the late payment scandal

Data & Insights 2 min read

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....

Author

Alex von Schirmeister

Jul 11, 2024

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