Just half of the invoices sent during 2017 by micro-firms were paid on time or within three days of payment deadlines, new research has revealed.
New research into the UK’s so-called late payments crisis reveals that just over half (52 per cent) of invoices issued by small businesses and freelancers are paid on time.
A number of pension and finance companies have been wound up after they were found to have “abused” millions of pounds of people’s savings.
A recent Court of Appeal case has raised further concerns surrounding who holds the liability for conveyancing fraud – the buyer’s or the vendor’s solicitor.
New research carried out by the Institute of Directors (IoD) has found that almost half (48 per cent) of small and medium-sized enterprises (SMEs) have been adversely affected by the UK’s so-called late payments crisis.