Big companies delaying payments to SMEs is killing jobs: report
Twice as many Irish companies as EU average felt their growth was limited
Irish companies are more likely than their European counterparts to believe that the phenomenon of bigger companies delaying payments to small companies is limiting job creation.
The findings came in a report by debt collection firm Intrum Justitia that found in Europe at large, small and medium sized enterprises (SMEs) are being squeezed by large corporations' cash flow management across Europe.
An average of one out of three SMEs reported that not getting paid in...
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EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year