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Less Than a Third of Business Payments Were Made on Time in Q2

Less Than a Third of UK Business Payments Were Made on Time in Q2

Global Banking & Finance website highlights research from Dun & Bradstreet UK Industry Report, that UK businesses prompt payments deteriorated in in the three months to June (Q2). On average, less than a third (31.5%) of payments were made on time compared to 31.3% in the previous quarter. The average payment delay in the UK is around 15 days, two days higher than the European average.

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