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Summary conclusion
Anecdotal reports of businesses pushing the boundaries with regards to credit terms abound, particularly in the case of suppliers to larger businesses. The study, however, finds that businesses in Great Britain were still susceptible to payment delays right the way up and down the supply chain, regardless of size. Around half of the British businesses surveyed told us that they had experienced delays, requests for extended terms and increased credit indicating a volatile risk landscape in payment terms. Critically, late payment represents interest lost on the part of the creditor on the monies owed.
Basis: companies surveyed in Great Britain
Source: Payment practices barometer - Spring 2011
 Download full Payment Practices Barometer report on Great Britain
Download the group results as well as other country results here
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Date: May 2011
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