New Late Payment Law – will it work? New laws promise to crack down on late payments. 60-day terms. Fines. More enforcement. But will it actually help SMEs get paid faster? The reality is… more complicated. You can legislate for

Bad debts are often written off as bad luck. “They went bust.”“Nothing we could have done.” But in reality, most bad debts follow a pattern. Too much credit given at the start.Invoices not sent promptly.Weak follow-up.Excuses accepted.No escalation when things

How Bad Debts Really Happen (And Why They’re Rarely a Surprise) Most bad debts don’t begin with a problem. They begin with a perfectly normal order. A new customer.A reasonable job.A good opportunity. And at the time, nothing feels risky.

£8.75 billion paid late in six months. Over £5 billion undisputed. When late payment becomes policy, suppliers carry the risk. In this episode of The Late Payment Files, we look at what these numbers really mean — and what businesses

£112 Billion Unpaid: Why Transparency Will Not Fix Late Payment Small businesses in the UK are owed an estimated £112 billion in unpaid invoices. Nearly half of all invoices are paid late. Around 38 small suppliers close every day, with