Small and Medium-sized Enterprises

Baroness Brinton Excerpts

Tuesday 23rd October 2012 Lords Chamber

[Lord Wallace of Saltaire]

We are well aware of this problem. We are talking about a culture change within Whitehall. We are conscious that it is often easier when drawing up a large contract to give it to a prime contractor who will then subcontract, rather than having to go through the more onerous processes of distributing it around the country. That is part of the culture that we are trying to change.

[Baroness Brinton]

My Lords, the Minister’s earlier response on the problem with large companies was illuminating. However, if we are going to rely on investigating journalists to uncover such cases, would it not be better for the Government to consider forcing large companies to publish how many days they take to pay people in their annual reports?

[Lord Wallace of Saltaire]

My Lords, I dare say that that is a question which will come up if and when we next move on to a company law reform Bill.