UK small businesses owed £32.1bn in late payments

credit management
UK small businesses owed £32.1bn in late payments 19th July 2023 New research finds UK small businesses are owed £32.1 billion in late payments, with many considering using personal savings to support up their business UK small business are being
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Business news 14 July 2023

Business
Business news 14 July 2023 James Salmon, Operations Director. 43% of SME’s struggle with late payments. Corporate distress among SMEs rises. Mortgage rates hit 15-year high, defaults rise. UK economy contracted 0.1% in May.  And more business news that we
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Business news 4 July 2023

Business
Business news 4 July 2023 James Salmon, Operations Director. Insolvencies set to rise amid ‘perfect storm’. Factories fall further into recession territory. SMEs hindered by a lack of finance. Retailer insolvencies driven up by soaring inflation.  And more business news
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Business news 12 June 2023

Business
Business news 12 June 2023 James Salmon, Operations Director. We are back after a short break. UK dodges recession. Services upbeat. Manufacturing gloomy, sick days in the heat and other business news that we thought would interest our members. UK
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Business news 23 May 2023

Business
Business news 23 May 2023 James Salmon, Operations Director. Rising insolvencies. Wilko could shut. Soaring crime rates drive US tech execs to UK. UK firms recruiting skilled workers from Africa and Asia. And more business news that we thought would
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