Written Question·Department for Business and Trade·UIN 2095

Billing: Payment Methods

Tabled: 29 July 2024

Answered: 6 September 2024

Question

Kevin Hollinrake

To ask the Secretary of State for Business and Trade, when he plans to bring forward legislative proposals to amend the Reporting on Payment Practices and Performance Regulations 2017 to introduce new metrics on retentions; and whether he plans to bring i

Answer

Gareth Thomas

Legislation is expected to be laid before Parliament in 2024 to amend the Reporting on Payment Practices and Performance Regulations 2017 to require new retention reporting requirements. Amendments were made to the Payment Practices and Performance Regula...

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