The UK's £11 Billion Problem: 50,000 Businesses Dead, and a Government Finally Getting Angry

Late payments aren't just an inconvenience; they're a silent killer of businesses. In the UK alone, a staggering £11 billion in owed debts has pushed 50,000 companies into insolvency, a crisis that is finally drawing the attention of the government. This isn't a distant problem; it's a direct threat to your cash flow and global growth strategy. If you're an international creditor, CFO, or accounts receivable professional, understanding the escalating UK debt landscape is crucial. This video dives deep into the causes and consequences of this £11 billion problem, revealing how government intervention and shifting attitudes are impacting the recovery of your overdue invoices. You'll gain critical insights into the evolving regulatory environment and learn how to proactively safeguard your business against the domino effect of corporate failure driven by unpaid debts. Don't let your receivables become another statistic.