Top 10 slowest FTSE 350 firms to pay suppliers
The Good Business Pays campaign is calling on FTSE firms to fast-track payments to support small suppliers.
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Your support makes all the difference.The Good Business Pays campaign has found FTSE 350 listed companies can take more than four months to settle bills with small suppliers.
Here is a list of the worst offenders compiled by the campaign:
Company/Ave time to pay in days/% invoices not paid within agreed termsMeggitt 132 85C&C Group 120 53TUI 101 63Electrocomponents 90 20Diageo 84 7Coca-Cola HBC 83 8Greencore Group 79 11Premier Foods 76 2Rolls-Royce 76 8GlaxoSmithKline 75 4