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Podcast

Trade Credit Talks: Late Payments, Insolvencies & Protecting Your Cash Flow

UK insolvencies remain high, but late payments hurt most. Jamie Coskry explains what this looks like across construction, hospitality, retail and manufacturing, and how trade credit insurance can protect cash flow, reduce surprises, and support growth.

Trade is built on trust — but in today’s UK economy, that trust is being tested by slower payments, tighter margins and a steady drumbeat of insolvencies. For many businesses, the warning signs don’t arrive as a sudden shock; they creep in through stretched terms, delayed remittances and the growing time spent chasing what you’re already owed.

In this episode host Jamie Coskry, Senior Business Consultant, explores what late payments and rising insolvencies really look like for UK businesses — and why it’s become the “new normal”. Drawing on real-world examples across construction, hospitality, retail and manufacturing, Jamie explains how cash-flow pressure often builds quietly before turning into a serious credit risk. He also shares practical steps businesses can take to avoid being caught out, including how trade credit insurance can help protect invoices, provide deeper insight into customer risk, and support confident growth.

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Key takeaways

Late payments and insolvencies

Late payments and insolvencies are putting real pressure on UK businesses’ cash flow, with certain sectors (including construction, hospitality and retail) feeling it particularly acutely amid higher costs.

Cautious credit and payment behaviour

The current economic climate is driving more cautious credit and payment behaviour, so businesses need to be more proactive in assessing customer creditworthiness and monitoring exposure.

Trade credit insurance

Trade credit insurance is positioned as a practical risk-management tool to help protect cash flow, reduce bad-debt risk, and support better-informed trading decisions in a volatile environment.

About our speakers

Jamie Coskry

Jamie Coskry

Senior Business Consultant – Trade Credit | VP Trade Credit Insurance

  • United Kingdom

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