For decades, policymakers pledged to address the power big businesses hold over small firms, costing small businesses an estimated £1.6 billion last year.
86% of consumers believe not being paid what they're owed would have a major impact on personal stress levels.
72% of consumers would avoid companies with poor payment practices, impacting sales; 79% view late payments as unethical.
#late-payments #small-businesses #government-action #consumer-sentiments #ethical-business-practices
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