Wednesday April 8, 2020

Late payments causing job losses - ISME

Late payments to small and medium businesses are imposing serious financial constraints, ISME has said.

26th September, 2011

Late payments to small and medium businesses are imposing serious financial constraints, which in many instances are leading to job losses, insolvency and close down, ISME has said.

The business lobby group claims that the main culprits are “accountancy led big business and the state sector” who are delaying payments to their smaller suppliers. This situation has occurred, despite legislation being in place for almost ten years, supposedly to alleviate the situation, a statement said....

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago