Oral Answers to Questions

Debate between Greg Hands and Oliver Dowden

Wednesday 6th February 2019 Commons Chamber

[Oliver Dowden]

Prompt payment is important to all businesses, particularly small businesses. That is why we have set a target for 90% of undisputed invoices from small and medium-sized enterprises to be paid within five days. We are making good progress, and six Departments are already exceeding that target. I know that there has been an issue in respect of the Cabinet Office, but I can give the hon. Gentleman the latest figures, from December, which show that 95% of invoices are now meeting the 30-day target and that 82% are meeting the five-day target.

[Greg Hands (Chelsea and Fulham) (Con)]

Will the Minister join me in welcoming moves to roll over the WTO Agreement on Government Procurement—the GPA—and in welcoming the access that that would give to UK companies competing abroad and the opening up of our own markets to foreign competitors?

[Oliver Dowden]

I know that my right hon. Friend has a great deal of experience in this area, and he is absolutely right to highlight the importance of the GPA. I am pleased that we have made progress and reached agreement in principle for the United Kingdom to join the GPA, and I am confident that we will have that in place shortly.