Private sector suppliers, including limited company contractors, are focusing increasingly on their cashflow and threatening clients with legal action if they do not settle their invoices in a timely manner.
London and the South East of England top the late payments league, according to the latest study from Bacs.
Rather than reversing the trend for late payments, a new directive from the EU could actually make matters worse, according to the FPB.
The latest public body to come under fire for late payment of invoices is the police force.
