Business news

Late payments remain one of the biggest pressures facing UK SMEs.

New research from Sage suggests late payments cost the UK economy an estimated £11bn a year, with SMEs waiting an average of 27 days for payment and 49% of SME invoices paid late.

Today’s wider business news reinforces the same message: manufacturers are under pressure from high energy costs, HMRC complaints are rising, proposed reporting rules may add more admin for small firms and insolvency notices continue across several sectors.

Read the blog here: cpa.co.uk/uk-business-news-today-16-june-2026-economy-markets-insolvencies/

For businesses that sell on credit, strong credit management is not optional. It protects cashflow, reduces uncertainty and helps keep trading relationships on a professional footing.

CPA supports businesses with CreditCare reports, debtor monitoring and overdue account recovery. To discuss how CPA can help protect your cashflow, call 020 8846 0000.

#SMEs #Cashflow #LatePayment #Insolvency #UKBusiness #CreditManagement #SmallBusiness #BusinessRisk

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