Three in five UK businesses are owed money from late payments, fuelling stress and cash flow problems
- Three in five (58%) SMEs are currently waiting on money which is tied up in unpaid invoices, according to research from Barclays
- More than half of adults in the UK (58%) said they would boycott a business if they knew they were a late payment offender2
- Barclays and the Small Business Commissioner call to unite the small business community in tackling this issue and raise the social conscience of larger businesses who don’t pay on time
Three in five (58 per cent) small or medium enterprises (SMEs) across the UK are currently waiting on late payments from customers, according to new research from Barclays surveying 500 small business owners. Read more here.