Booming web economy, late payment, and Greek negotiations - here's your need-to-know business news roundup.
The web economy will double in the G20 by 2016 according to Google.
According to the study nearly nearly 50 per cent of the world’s population will be online in four years. [BBC]
Late payment is “endemic”, with small businesses across the country suffering.
This is according to a new study from Experian which found invoices were overdue by an average of 25.6 working days during 2011. [Telegraph]
Greece is entering the final stages of negotiations with creditors today.
There is growing concern that, if the private sector investors refuse to accept significant losses, Greece could be forced into a ‘hard’ default. [Guardian]

