Small Businesses: Billing

(asked on 7th March 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what recent steps her Department has taken to help reduce the practice of late payments being made to small and medium-sized enterprises.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 14th March 2023

Government is tackling the culture of late payments with measures including Payment Practices Reporting, the Small Business Commissioner and Prompt Payment Code.

We are currently undertaking a Payment and Cash Flow review which will set out the actions we will take to ensure we have the right approach to support businesses on payment issues.

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