UK small businesses owed £32.1bn in late payments
Posted onUK 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 hit hard by the worsening economic conditions, squeezed by falling consumer spending, as new research shows late payments are costing small businesses in the UK £31.1 billion. Also, more than a quarter (26%) of small business owners in the UK believe that they will be forced to cease trading if the outlook […]