Written Question·Department for Business and Trade·UIN 81010
Billing
Tabled: 10 October 2025
Answered: 20 October 2025
Question
Mr Joshua Reynolds
Liberal Democrat — Maidenhead
To ask the Secretary of State for Business and Trade, what steps his Department is taking to monitor the effectiveness of late payment reforms.
Answer
Blair McDougallThis Government is committed to tackling late payments and will introduce the most significant legislation aimed at tackling late payments in 25 years. Late payments cost the UK economy £11bn per year and close down 38 UK businesses every day.Large busine...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 81010) →