£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

Watch the latest episode of The Late Payment Files In this episode, we explore why authority and credibility dramatically improve payment outcomes — and how to use them correctly in your credit control process. It’s Not Just What You Say

Business news 13 February 2026 The UK economy may have edged forward at the end of 2025, but beneath the surface small firms are facing mounting pressure. With GDP growth stuck at just 0.1%, confidence among SMEs at post-COVID lows,

Business news 12 February 2026 Small firms are facing pressures comparable to the pandemic — but without the emergency support. £112bn in unpaid invoices. 38 SMEs closing daily due to late payment. GDP growth just 0.1%. Business investment falling. Meanwhile,

Business news 11 February 2026 There are tentative signs that the UK economy may have returned to growth at the end of last year. However, any optimism is being tempered by rising tax concerns, labour market weakness, high street closures