One in eight businesses suffer late pay issues



Problems with late invoice payments are still hitting one in eight regional firms, according to new research by insolvency and restructuring trade body R3.
The latest edition of R3’s regular Business Distress Index, which looks at measures of business success and distress across the UK, indicates that 12 per cent of firms in the North East, Yorkshire and Humberside are currently owed payment on invoices that are more than 30 days past their due date.
And Neil Harrold, chairman of R3 in the North East, is hoping the issues highlighted by the Carillion liquidation will act as a catalyst... read more

 
6 February 2018 in Art & Culture, Views: 44
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