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Late payments cost firms £1.9bn Late payments cost firms £1.9bn

Monday, April 12, 2010

UK businesses are wasting £1.9bn chasing late payments, according to research by business finance specialist Bibby Financial Services.

Despite the economy officially returning to growth, 35 per cent of businesses have reported customers are taking longer to pay invoices than 12 months ago.

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Bad debts blight business Bad debts blight business

Friday, November 13, 2009

Bad debts have risen for nine of out ten companies according to research by credit information provider Creditsafe.

It said 91 per cent of UK companies polled in October had seen an increase in defaulted payments from creditors in the last year and one in ten (10.4 per cent) saw this increase by o...

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Late payment still hitting SMEs Late payment still hitting SMEs

Monday, September 21, 2009

Cash flow worries due to increasing late payments are causing small businesses the most headaches, according to a survey by the Forum of Private Business (FPB).

The trade body’s latest Economic Downturn Panel survey shows that almost a quarter of respondents, 23 per cent, selected la...

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New director to spearhead growth for Octempo:RM New director to spearhead growth for Octempo:RM

Friday, September 04, 2009

Octempo:RM has recruited a new sales director to build on their recent growth.

David Imperato has joined the board at Warrington-based Octempo:RM from his previous role as senior executive at Intrum Justitia.

Fellow directors Julian Llewellyn and Ed van den Ber...

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