(1 month, 1 week ago)
Commons Chamber
Blair McDougall
My hon. Friend always fights hard for small businesses in his patch. This Bill will ensure that purchasers pay suppliers within 60 days and that mandatory interest is paid on late invoices. For too long, large businesses have used small businesses as a source of free credit. That will end under these plans. That will mean better cash flow for businesses in his constituency, more jobs, more economic growth and better high streets.