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News Announcement Published 7 Oct 2024 Department for Business and Trade ↗ View on Parliament

Measures to tackle late payments and long payment terms

UIN: HCWS106 Late payments and long payment terms continue to be a significant issue for small businesses and the self- employed across the UK. In 2022, small businesses were owed on average an estimated £22,000 in late payments from the businesses they supply. As wel...

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