 "The Daily Mail (London, England)")
|
NCM in late pay warning.
From:
The Daily Mail (London, England)
| Date:
July 31, 2001
| COPYRIGHT 2001 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
|
COMPANIES are suffering from a sharp rise in late payments as their clients feel the pinch, says an international credit insurer.
Since April there has been a 25pc increase in firms reporting payment delays, according to NCM, which insures UK companies to the tune of [pound]75bn.
Director Steen Parsholt says: 'Our clients have seen a significant pickup in bankruptcies and notification of late ...
