Research and analysis

Late payments research: impact on the UK economy

This research estimates the total economic cost of late payments and their impact on the UK economy.

From:
Department for Business and Trade
Published
30 July 2025

Documents

Late payments research: estimating the economic cost of late payments and their impact on the UK economy

PDF, 1.15 MB, 79 pages

Late payments research: infographic

PDF, 112 KB, 1 page

Details

This research includes:

  • a quantitative survey of businesses affected by late payments, asking how late payments impacts their day-to-day operations and the mitigating actions they might take

  • econometric analysis of secondary data to assess the impact of late payments on business outcomes, like survival and investment

  • a quantification exercise which combines findings from the quantitative survey and econometric analysis and estimates the total economic cost for UK businesses and the wider economy

Updates to this page

Published 30 July 2025

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