The data indicates a marginal, but positive, shift in payment practices within the East Midlands between 2020 and 2021. The 1.8-point increase suggests a slightly improved ability or willingness of companies in the region to adhere to payment terms. Businesses experiencing payment delays can use a late payment calculator to assess potential interest and compensation.
In short: Payment performance in the East Midlands saw a small uptick, moving from an average score of 59.2 in 2020 to 61.0 in 2021.