While the sector witnessed a positive shift in payment practices, the overall improvement of 2.7 points is marginal. The decrease in the number of companies included in the 2023 analysis (from 64 to 59) could reflect industry consolidation or changes in sampling methodology, potentially influencing the overall score. Businesses can use a late payment calculator to understand the impact of even small delays on cash flow.
One-line summary: In 2023, IT payment performance averaged 70.3/100, a 2.7-point increase from 2022's average of 67.7/100.
How UK companies' payment practices changed in 2025 — the biggest improvers, the firms slipping, and the strongest new e
The UK agriculture sector is significantly outperforming the UK average for payment practices, suggesting a degree of fi
The year-on-year decline of 0.1 points, while statistically insignificant, suggests a stagnation in payment performance
The UK air travel sector significantly outperforms the national average when it comes to payment practices, achieving a
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