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Welsh businesses warned over late payment pressure
Summary by Pembrokeshire-herald.com
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Welsh businesses warned over late payment pressure
WELSH businesses are being urged to tighten credit control after new figures showed a rise in overdue invoices across the country. R3, the UK trade body for restructuring, turnaround and insolvency professionals, said its latest Quarterly Business Health report showed 475,000 late payments in Wales during the first quarter of 2026. That was up 3% on the same period last year, when 462,000 late payments were recorded. The report, based on data fr…
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