Small Business Commissioner: Late Payments Debate
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Lord Flight
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Small Business Commissioner: Late Payments
Lord Flight Excerpts(2 years, 11 months ago)
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Lord Callanan (Con)
The noble Lord makes a good point, and I very much sympathise with his concern. However, we received a lot of replies to the consultation and are currently working through the options. He will be aware that any proposals in this area will require primary legislation and have resourcing implications for the Small Business Commissioner, so we are currently working through all the options.
Lord Flight (Con)
My Lords, the tidying up of late payment problems without hurting trade still needs to be addressed by both larger and smaller companies. What does the noble Viscount envisage the Small Business Commissioner needing to help to deal with the problem of requiring senior company officers to explain their position to them? How does he envisage that those arrangements will improve the situation?