Payment Practices Barometer Great Britain

Summer 2010

Payment Practices Barometer


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 - Summer 2010 Download full Payment Practices Barometer report on Great Britain Download the group results as well as other country resluts here ____________________ Date: September 2010

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