While there's an improvement, the 1.1-point increase indicates only a marginal positive shift in London's payment culture. It suggests that initiatives to improve payment speed or terms have had limited quantifiable effect on average behaviour across the studied businesses. Businesses can use this late payment calculator to assess the financial impact of slow payments.
One-line summary: London companies showed a small uptick in payment practices, from 88.0 to 89.0, out of 100.