Sunday 21 January 2018

Late payments to SMEs


MORE than two-fifths of small and medium businesses in Ireland aren't getting paid on time, a survey has found.

As many as 20pc of firms claim that the problem is worse now than it was a year ago.

The findings come from the latest Close Brothers Business Barometer, a quarterly survey that canvasses the opinion of SME owners and managers from a range of sectors across the UK and Ireland.

The survey also found that public sector companies are the most likely to make late payments.

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