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<p> </p><p>In the May 2014 Government Response to our discussion paper, <em>Building
a Responsible Payment Culture</em>, we set out measures to create greater transparency
of payment practices and a more responsible payment culture. Through the Small Business,
Enterprise and Employment Bill we are developing a requirement for large firms to
publish their payment practices and a measure to prohibit contractual barriers to
finance.</p><p> </p><p> </p><p> </p><p>In addition, we have committed to working with
the Institute for Credit Management and signatories to strengthen the Prompt Payment
Code. And the British Business Bank aims to address long standing, structural gaps
in the supply of finance to businesses and provide diverse sources of funding for
small and medium sized businesses.</p><p> </p>
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