Governments are increasingly focused on 'fair' contract terms, seeking especially to protect small businesses. Payment terms are of particular concern and regularly feature in the media.\r
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But to what extent is there a real problem?\r
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This report - based on a survey conducted in April 2015 - confirms that payment terms are an area of significant focus in today's trading relationships, with over half the 600 respondents indicating that there is growing contention. This seems to be driven by the policies of a minority of large corporations, leading to not only longer payment periods, but more difficulty in getting paid.
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