The UK's Events and Venues sector demonstrates slightly better payment performance than the national average, with an 8.2 point advantage, however, there's a massive chasm between the best and worst payers, evidenced by Reed & Mackay's 99/100 compared to Creativevents' dismal 2.5/100. This suggests that while the sector has the potential for good payment practice, it's far from consistent across all businesses.
Wales shows a substantially higher average PaymentCheck Score (86.4/100), but it's based on a very small sample of just two companies, making its statistical significance questionable. Conversely, London, with a much larger sample size of 34 companies, lags behind with an average of only 59.1/100, indicating potentially more payment struggles in the capital's events and venues businesses.
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While the Events and Venues sector surpasses the UK average, the range from Wales' outlier score of 86.4 down to Creativevents' rock-bottom 2.5 highlights that not all businesses are equal when it comes to timely payments.
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