Tag: small business debt
500,000 Small Businesses at risk of going bust within weeks
Increasing running costs have created a ticking time bomb for Small Businesses according to the FSB. The Federation of Small Businesses (FSB) have issued...
Small Business late payment getting worse
Small businesses had to wait an average of 29.9 days to be paid in April according to the latest figures from Xero. This marks...
Average Unpaid Small Business Debts rise by £173k
New research from Sage, has highlighted the impact of the Covid-19 pandemic with the average SME business now burdened with £173,000 additional debt per...
Small Business Owners going without wages due to late payment
The UK's current late payment is hitting new levels as a new report has revealed 17% of Small Business owners are forgoing their wages...
80% of Small Businesses owed money in the UK
Shocking new figures show that 4 out of 5 Small firms in the UK are owed money following a survey by a leading Commercial...