
Business Matters reported that an analysis of government filings by Good Business Pays shows that a record number of large firms admitted to paying more than half of their invoices late this year. On average, suppliers were left waiting more than fifty days for payment, while 127 firms reported taking more than eighty days. In total, £109.2 billion in invoices were paid late between January and September, according to the study of 5,000 company reports. High-profile offenders include BMW, Baxters, and Hyperoptic. Terry Corby, Chief Executive of Good Business Pays, said the situation was now “worse than at any point” since the campaign began monitoring in 2023. Small Business Commissioner Emma Jones acknowledged that her office lacks the authority to fine persistent offenders and is unlikely to acquire enforcement capabilities until 2028. To read Business Matters‘ article, go to https://bmmagazine.co.uk/news/uk-companies-late-invoice-payments-2025/.