News articles
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The Carillion effect: trade credit insurers pay out a record £1 million a day to help UK firms stay afloat.
25/09/2018
A record £1 million was paid out every day during the second quarter of the year to help firms cope with the non-payment of bad debts according to figures out today from the Association of British…
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Tough trading times leads to the highest number of trade credit insurance claims since 2009
15/06/2018
More than 40 new claims every day in the first quarter of the year as tough trading times continue to bite firms. Amount paid to help UK firms cope with bad debts were at their highest first quarter…
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Bad debt Britain – insurance pay outs to help UK businesses deal with unpaid bills are at their highest since 2009
16/03/2018
Latest ABI figures show that claims paid by trade credit insurers are running at over £4 million every week - their highest level since 2009. Over 200 firms every week helped by trade credit…
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Trade credit insurers pay out £4 million a week to UK businesses
05/04/2017
Latest ABI figures show non-payment claims rise to their highest level since 2009. A record £314 billion of UK trade now covered by trade credit insurers. New figures from the Association of…