date:Oct 30, 2012
Britains food retailers and manufacturers have significantly improved late payments in the third quarter of this year, according to financial specialist Experian.
Its Late Payment Index revealed businesses in the food retailing and food manufacturing sectors led the industry-wide improvement. Food retailers paid their bills 29.15 days after agreed terms between July and September this year compared to 34.21 in the same period last year.
Food manufacturers paid their bills 22.91 days late compa