Bad debt up 20% for road transport sector


 

The UK road transport sector saw a 20% surge in suppliers’ bad debts in the second quarter of 2017, according to the latest Creditsafe Watchdog Report. The report, which tracks quarterly economic developments across the transport sector, revealed bad debt owed to the sector leapt to £3.3m in Q2, up from £2.7m in Q1. In the same period, bad debt owed by the road transport sector increased 2% to just over £1m (Q1 2017: £998,190). The report reveals that while […]