“Don’t do as I do” – a third of European businesses practice late payment hypocrisy
· More than a third (37 per cent) of European businesses admit to increasingly paying their suppliers later than they would accept from their own clients and customers · Half (54 per cent) would like to pay their suppliers faster, but don’t believe this is feasible in the current economic climate · Reducing late payments would enable greater investment in product and expansion of services, according to 62 per cent of European businessesMore than a third (37 per cent) of European businesses are increasingly paying their suppliers later than they would ever accept from their own clients
