Written Question·Department for Business and Trade·UIN 270
Construction: Billing
Tabled: 17 July 2024
Answered: 23 July 2024
Question
Laurence Turner
Labour — Birmingham Northfield
To ask the Secretary of State for Business and Trade, with reference to his Department's consultation entitled Retention payments in the construction industry, published on 24 October 2017, if he will make an assessment of the potential merits of introduc
Answer
Sarah JonesSmall businesses are essential to our economic success.This Government is committed to take action on late payments to ensure small businesses and the self-employed are paid on time. The practice of cash retentions can create problems for contractors in t...
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