Firms Are Held to Ransom by Late Payments ; Two-Thirds Say a 'Serious' Problem Is Escalatingthe Enterprise Zone

Summary

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SMALL businesses are being hit hard by customers who delay paying their bills for as long as possible.

According to research by the Forum of Private Business, more than 70 per cent of firms said late payments were having a serious impact, with nearly 60 per cent reporting that the situation had worsened over the past year.

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Firms Are Held to Ransom by Late Payments ; Two-Thirds Say a 'Serious' Problem Is Escalatingthe Enterprise Zone

This has led to concerns that larger companies are using the smaller firms that s...

See the full content of this document

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