Summary
BUSINESSES have doubled the amount of outstanding debt they are writing off, in a sign that many firms are cutting their losses on overdue payments, according to the 2009/10 Barclays Business Late Payments survey.
The survey also reveals that on any given day around pounds 9bn is owed to UK small and medium businesses.See the full content of this document
Extract
Firms Double Debt Write-Offs
It found that firms wrote off an average of pounds 2,529...
See the full content of this document
Sponsored links
