Firms pay bills less slowly in 2012
EAST Midlands firms paid their bills quicker last year, according to Experian figures.
They paid 24.73 days beyond the due time, compared with 25.85 in 2011.
The 2012 Late Payment Index shows UK businesses paid their bills more than a day earlier in 2012.
Nationally, firms paid their overdue invoices on average 24.66 days after agreed terms, compared to an average of 25.70 days during 2011.
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The year drew to a close with the average late-payment figures during the fourth quarter falling from 25.97 days beyond terms in Q4 2011 to 25.63 days.