Tags Small business late payment

Tag: small business late payment

SME’s still owed Billions in Late Payments

Thousands of Small businesses in the UK are still chasing a massive £14.9 billion owed in late or overdue payments. These unpaid invoices are...

Half of Small Businesses trading in the red

According to the latest Small Business Insights published by Xero, half of the small businesses in the UK are currently trading in the red. The...

Why late payments are affecting SME’s

Every business whether it be large or small is effected by late payments and with many businesses being part of a supply chain and...

Calls For New Late Payment Legislation

A survey by the Institute of Directors (IoD) of SME’s across the UK revealed that of the 787 questioned, nearly half have suffered because...

Late payment is the silent assassin of UK Businesses

According to research from Bacs, more than 50,000 British small firms are closing every year, being owed £14.2bn in unpaid debt. Getting clients to pay...

Survey claims SME’s owed £63k on average

New research conducted by Commercial Data specialists Dun & Bradstreet has highlighted that the UK's  late payment culture is continuing to have an are...

Small Business late payment ‘guru’ search is underway

  The Government is taking action to tackle late payment issues for small businesses in the UK. The proposed appointment of a Commissioner is now...

New Business Late Payment legislation to be enforced

The UK Government's Department for Business, Energy & Industrial Strategy (BEIS) has published a brand new updated set of draft regulations that specifically requires...

Debt Collection action could have saved 50,000 SME’s

A report from the Federation of small businesses (The FSB) have released a comprehsive report detailing the way that small companies are being systematically...

Great news for Small Businesses as Minister vows to get tough...

Robust new proposals designed to smash the rise in Commercial late payments have received support from a leading authority within Westminster. Minister for Small Business,...