Skip to main content

Business: Billing

Question for Department for Business, Innovation and Skills

UIN 904090, tabled on 9 March 2016

To ask the Secretary of State for Business, Innovation and Skills, what steps his Department is taking to tackle late payment to businesses.

Answered on

24 March 2016

The Government remains committed to tackling late payment. We are creating the Small Business Commissioner, whose primary function will be to tackle and change the culture of late payment. We are already seeing some of the larger supermarkets and retailers offering considerably better payment terms to small businesses. Larger companies will have a duty to report on payment practices and performance from October.

Answered by

Department for Business, Innovation and Skills
Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.