Small Businesses: Billing

(asked on 29th November 2022) - View Source

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

Whether his Department plans to take further steps to help tackle late invoice payments to small businesses.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 29th November 2022

We are tackling the culture of late payments with measures including Payment Practices Reporting, the Small Business Commissioner and Prompt Payment Code. Government is setting an example: the Cabinet Office Procurement Bill will ensure 30-day payment terms in contracts throughout the public sector supply chain.

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