Last week the property market was labelled the ‘slowest paying UK business sector’ by commercial property magazine Estates Gazette. The magazine reported that the property sectors are paying bills more than five weeks late with industry figures showing an increase in time taken for payments received from 20 days in July 2007 up to 38 days in 2008.
Property Market is Slow to Pay Bills
1 September 2008
Business advice and news, General Articles