--- title: "What late payments tell us about lockdown" id: "4249" type: "news" slug: "what-late-payments-tell-us-about-lockdown" published_at: "2020-06-05T18:16:22+00:00" modified_at: "2022-11-10T15:46:15+00:00" url: "https://www.sidetrade.com/news/what-late-payments-tell-us-about-lockdown/" markdown_url: "https://www.sidetrade.com/news/what-late-payments-tell-us-about-lockdown.md" excerpt: "38% of invoices by value are at least ten days overdue, as the UK is" taxonomy_language: - "English" taxonomy_news_topic: - "Press Articles" --- - [O2C Intelligence](/) - [[Column]](#) - [O2C AGENTS](https://www.sidetrade.com/core-platform/aimie-agent/) - [Aimie Agents](https://www.sidetrade.com/core-platform/aimie-agent/#aimie-agents) - [Customer Agents](https://www.sidetrade.com/core-platform/aimie-agent/#customer-agents) - [Agent Builder Studio](https://www.sidetrade.com/core-platform/agent-builder-studio/) - [--separator--](#) - [O2C Apps](https://www.sidetrade.com/core-platform/o2c-apps/) - [Credit Risk Expert](https://www.sidetrade.com/core-platform/o2c-apps/credit-risk-expert/) - 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[https://www.youtube.com/user/SIDETRADE92/featured](https://www.youtube.com/user/SIDETRADE92/featured) - [https://twitter.com/Sidetrade](https://twitter.com/Sidetrade) - [https://www.linkedin.com/company/sidetrade/](https://www.linkedin.com/company/sidetrade/) - [https://sidetrade-tech-hub.medium.com/](https://sidetrade-tech-hub.medium.com/) 5 June 2020# What late payments tell us about lockdown [Read full article on The Credit Protection Association](https://cpa.co.uk/what-late-payments-tell-us-about-lockdown-covid-19-business-news-5-june-2020/) [https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Fwww.sidetrade.com%2Fnews%2Fwhat-late-payments-tell-us-about-lockdown%2F&linkname=What%20late%20payments%20tell%20us%20about%20lockdown](https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Fwww.sidetrade.com%2Fnews%2Fwhat-late-payments-tell-us-about-lockdown%2F&linkname=What%20late%20payments%20tell%20us%20about%20lockdown) [https://www.addtoany.com/add_to/linkedin?linkurl=https%3A%2F%2Fwww.sidetrade.com%2Fnews%2Fwhat-late-payments-tell-us-about-lockdown%2F&linkname=What%20late%20payments%20tell%20us%20about%20lockdown](https://www.addtoany.com/add_to/linkedin?linkurl=https%3A%2F%2Fwww.sidetrade.com%2Fnews%2Fwhat-late-payments-tell-us-about-lockdown%2F&linkname=What%20late%20payments%20tell%20us%20about%20lockdown) [https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Fwww.sidetrade.com%2Fnews%2Fwhat-late-payments-tell-us-about-lockdown%2F&linkname=What%20late%20payments%20tell%20us%20about%20lockdown](https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Fwww.sidetrade.com%2Fnews%2Fwhat-late-payments-tell-us-about-lockdown%2F&linkname=What%20late%20payments%20tell%20us%20about%20lockdown) Late payments tracker shows the UK is beginning to feel the effects of lock-down. **38% of invoices by value are at least ten days overdue**, as the UK is beginning to feel the effects of lock-down exit. However, by volume, the percentage is 49%! This is a increase since the pandemic of 209% The sectors hardest hit by late payments in the UK since 25 May are Real estate, hospitality and ICT. Prior to the covid-19 pandemic, late payments were already an issue in Finance, Insurance, Real Estate (56%), and in ICT( 53%). Sectors least impacted by the crisis include Food industry (19% invoices over 10 days overdue), retail (22%) and manufacturing (23%). Late payments have been fluctuating in May between 35% and 39% by value but this an improvement from the peak at the end of April of 43% However, It is still far worse than before the pandemic lock-down when late payments in the UK were fluctuating between 25% and 29% by value. So late payments by value have increased by approximately 40% since the lock-down started. 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