Small Businesses: Invoice Payments Debate

Full Debate: Read Full Debate

Small Businesses: Invoice Payments

Lord Swinfen Excerpts
Tuesday 26th October 2010

(13 years, 6 months ago)

Lords Chamber
Read Full debate Read Hansard Text
Baroness Wilcox Portrait Baroness Wilcox
- Hansard - - - Excerpts

I do not really think I ought to answer questions that were directed at my noble friend.

Lord Swinfen Portrait Lord Swinfen
- Hansard - -

My Lords, is there not a statutory right to charge interest on late payment of invoices, and after what period does this come into effect?

Baroness Wilcox Portrait Baroness Wilcox
- Hansard - - - Excerpts

Is there a statutory right? I shall have to come back to that in order to be sure.