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Large companies are ‘worst offenders’ for late payments
Over one million small and medium-sized companies are struggling to maintain cash flow levels due to delays or defaults on the payments of creditors' bills, according to a poll by Tenon Recovery.
The poll of more than 1,200 entrepreneurs showed that large companies are the worst offenders when it comes to late payments.
"56% of those who experienced late payments commented that they had come from large UK companies," said Tenon Recovery.
Post Date: April 14th, 2009
The poll of more than 1,200 entrepreneurs showed that large companies are the worst offenders when it comes to late payments.
"56% of those who experienced late payments commented that they had come from large UK companies," said Tenon Recovery.
Post Date: April 14th, 2009
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