A growing number of firms in the South West are struggling to pay bills on time, according to new research.
Restructuring trade body R3 said businesses across the region South West had more than 462,700 invoices on their books that had gone past their payment deadline in May - nearly 14,000 more than in April.
The organisation said data it had seen, provided by Creditsafe, suggested there were 243 more South West businesses with outstanding invoices in May (43,499) than in April (43,256).
