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Tradespeople are owed 3.5BILLION in late payments – putting Christmas at risk for millions of hard-working Brits [Video]

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Experiential Content Marketing

TRADESPEOPLE are owed billions of pounds in late payments across the UK, shocking new research shows.

Transit van maker Ford found Britain’s army of grafters are cancelling Christmas this year due to customers failing to pay up.

Tradespeople are owed billions of pounds in late payments across the UKCredit: Ford Pro
Arlo Masters, a lighting technician from North London, is owed around £3,500Credit: Ford Pro
Ford unveiled a festive content series fronted by its Little Debt CollectorsCredit: Ford Pro

The Blue Oval automaker, which surveyed more than 500 tradesfolk and 1,000 UK homeowners, found they are owed an estimated £3.5billion.

Almost two-thirds of tradespeople experience late payments regularly with an average delay of 35 days.

The vehicle manufacturer’s report also reveals tradespeople are an average of £3,942 out of pocket – equivalent to more than a month’s earnings for a typical tradesperson.

And a fifth pulled the plug on family celebrations or cut back on gifts for loved …

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