Business: Billing:Written question - 40643

Q
Asked by Henry Smith
(Crawley)
Asked on: 14 June 2016
Department for Business, Innovation and Skills
Business: Billing
Commons
To ask the Secretary of State for Business, Innovation and Skills, what steps he is taking to tackle late payment of suppliers by businesses.
A
Answered by: Anna Soubry
Answered on: 27 June 2016

We are implementing a package of measures to support a cultural change to tackle late payment, including the Small Business Commissioner, the duty for large businesses to report on payment practices and support for the voluntary Prompt Payment Code. The Regulations to give effect to the duty to report will be laid for debate early in 2017.

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