Late payments costing Small Businesses £684m

New research shows that half of invoices issued by small businesses are paid late.
Could stricter penalties and more transparency in regulation and reporting make a difference?
Small businesses have long suffered from suppliers paying them late, but mounting economic challenges including rising inflation and the falling value of the pound are only serving to aggravate the problem. Late payments cost small business owners £684m a year, with most receiving payment 5.8 days late on average, n