The UK’s small businesses are battling significant challenges. Getting paid promptly shouldn’t be one of them. Now, more than ever, cashflow is vital and far too many are struggling because they’re not getting paid on time.
Over the last year, TSB paid 95% of small and medium suppliers within 4 days.
I spoke to Customer Banking Director Mark Curran and heard from Small Business Minister Kevin Hollinrake MP and APPG Chair Jane Hunt MP on the challenges ahead and what we can do to further encourage the swift payment of our small and medium sized businesses, who are so vital to growing our economy.
