Insolvency Firm Red Flag Alert Reports that UK Companies are Facing £1.86B in Losses due to Unpaid Invoices following COVID-19 Outbreak

UK-based firms are facing losses of around £1.86 billion (appr. $2.46 billion) which could result from unpaid invoices, even though the nation’s businesses have received financial support from the government’s COVID-19 relief packages. Red Flag Alert, an insolvency company that assists businesses with safeguarding their… Read More
Read more in: General News, Global | Tagged bad debt, coronavirus, covid-19, insolvency, mark halstead, red flag alert, small businesses, smbs, sme's, uk, united kingdom