Question to the Department for Business, Energy and Industrial Strategy:

What steps his Department is taking to encourage prompt payment for goods and services by larger companies; and if he will make a statement.

We are completely focussed on fulfilling our manifesto commitment to clamp down on irresponsible payment practices, supporting small businesses who are impacted the most.

We will shortly consult on the merits of strengthening the Small Business Commissioner’s powers, which could support compliance by larger businesses and further improve payment culture.