New payment reporting requirements highlight UK’s late payment culture

Small and medium-sized businesses are an integral part of the UK economy, making up 47 per cent of all private sector turnover, but poor accounts payable practices by bigger businesses and the increase of late payments are putting this essential ecosystem at risk. The UK economy would be boosted by as much as £2.5 billion
The post New payment reporting requirements highlight UK’s late payment culture appeared first on Small Business.

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