Category: International Trade

Possible consequences of Brexit on late payments

As Boris Johnson was elected leader of the Conservative Party and subsequently appointed as Prime Minister by the Queen, British businesses found themselves confronting, once again, the prospect of a no-deal, “hard” Brexit. The United Kingdom is now expected to…

Why is it so hard for wholesale companies to get paid on time?

At the end of 2018, Atradius published its regular Payment Barometer Practices. Among its findings, we were surprised to see that as many as 45% of all invoices issued to domestic business customers by firms in the wholesale industry are past due…