This week, it emerged that a handful of FTSE 100 companies have significantly delayed payments to their suppliers during the pandemic.

In a review carried out by Investors’ Chronicle, it was reported that several blue-chip companies and their subsidiaries have been taking far longer on average to pay invoices than before the pandemic.

There is a concern that large companies could be passing the burden of the economic crisis onto smaller businesses.

Before these figures were published, SME business leaders were already warning that payment standards had slipped since coronavirus hit.

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