ISME: Delayed payments hitting small firms

ISME: Delayed payments hitting small firms
Mark Fielding of ISME

Small business group ISME has said its firms are being placed under severe pressure by “deliberately delayed payments”.

Mark Fielding, ISME’s chief executive, said late payments have always been a problem for small businesses and this has intensified as State bodies and accountancy-led big business take longer to pay during the current recession.

He said the vicious circle ends with the smallest and most vulnerable being forced to close down.

Article courtesy of The Evening Echo newspaper.

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