The UK's raw materials and intermediate goods sector demonstrates a slightly better-than-average payment performance compared to the overall UK average, but a wide disparity exists between companies.
While the sector's average PaymentCheck score is a modest 4.1 points above the national average, the wide range, from a perfect 100 to a dismal 8.15, suggests significant inconsistency in payment practices. It's also notable that some large, well-established firms are among the worst payers.
London boasts a significantly higher average PaymentCheck score (70.1/100) compared to the North West (54.5/100), indicating a potential geographical disparity in payment cultures within the sector. Wales (62.0/100), East of England (59.4/100) and the North East (59.1/100) all sit above the sector average, although the small sample sizes (6, 10, and 7 companies, respectively) mean these figures should be interpreted with caution.
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Despite exceeding the national average, with a 91.85 point gap between best and worst payers, the raw materials sector clearly has room for improvement in its payment practices.
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