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General
Debt Nation
New research published by Creditsafe reveals that British businesses are
owed £128bn in late payments. Three quarters of British construction
companies are owed monies that have not been paid within the period set
out in their terms and conditions and are owed
Almost one-in-five companies are owned monies that have been outstanding for over a month. Based on the average monies outstanding, these firms are losing out on interest payments of £1,341 a month.
