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886310

registered interest
date	18/04/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will take steps to encourage the payment of invoices by large firms to small businesses within 30 days; and if he will make a statement.
tabling member constituency	Tewkesbury
tabling member printed	Mr Laurence Robertson
uin	136505
answer	answer is ministerial correction date of answer 23/04/2018 answer text <p>The government is clear that large companies should lead by example in paying their suppliers promptly and fairly, and believes that 60 days is the maximum acceptable payment terms in the vast majority of cases. The Prompt Payment Code sets best practice in payment standards and commits signatories to undertake to pay suppliers within a maximum of 60 days, in all but exceptional circumstances, and to work towards adopting 30 days as the norm.</p><p> </p><p>Government is supporting businesses, particularly small businesses, throughout the supply chain - the Public Contracts Regulations ensure public sector buyers require 30-day payment terms be passed down the supply chain. At Spring Statement, the Chancellor announced that BEIS will launch a call for evidence to assess what further steps and intervention may be needed to ensure small businesses are not subject to unfair payment practices.</p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 23/04/2018 14:59:57 answering member 3936 label Biography information for Andrew Griffiths
tabling member	253 label Biography information for Mr Laurence Robertson

861267

registered interest
date	13/03/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the oral contribution of the Hon. Member for Burton of 13 March 2018 whether he plans to publish the notes of his meeting on the Prompt Payment Code.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	132416
answer	answer is ministerial correction date of answer 16/03/2018 answer text <p>The Department does not release information from meetings which may be sensitive to policy development. As announced at Spring Statement, the Department will launch a call for evidence on how to eliminate unfair payment practices to small businesses. Stakeholder views from meetings surrounding late payment, such as the Prompt Payment Code, will feed in to this policy development.</p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 16/03/2018 14:00:11 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4061 label Biography information for Bill Esterson

861271

registered interest
date	13/03/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the oral contribution of hon. Member for Burton of 13 March 2018, what plans he has to ensure that signatories to the Prompt Payment code comply with the requirements of the code.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	132420
answer	answer is ministerial correction date of answer 16/03/2018 answer text <p>The Chartered Institute of Credit Management (CICM) administer the Prompt Payment Code on behalf of the Department for Business, Energy and Industrial Strategy (BEIS). If suppliers believe that a signatory has breached the principles of the Code, they can raise a complaint with CICM who will investigate further on a case by case basis. At Spring Statement, my Rt hon Friend the Chancellor of the Exchequer announced that BEIS will lead on a call for evidence; this will consider evidence to ensure unfair payment practices are eliminated for small business.</p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 16/03/2018 13:59:17 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4061 label Biography information for Bill Esterson

861275

registered interest
date	13/03/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has to ensure that signatories to the Prompt Payment Code pay all invoices within 30 days.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	132424
answer	answer is ministerial correction date of answer 16/03/2018 answer text <p>Signatories to the Prompt Payment Code undertake to pay 95% of their invoices within 60 days, unless there are exceptional circumstances. If suppliers believe that a signatory has breached the principles of the Code, they can raise a complaint with the Chartered Institute of Credit Management who administer the Code on behalf of the Department for Business, Energy and Industrial Strategy (BEIS); they will then investigate further on a case by case basis. The government is serious about delivering a fair payment culture and at Spring Statement the Chancellor of the Exchequer announced that BEIS will lead on a call for evidence; this will consider evidence to ensure unfair payment practices are eliminated for small business.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 16/03/2018 14:01:17 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4061 label Biography information for Bill Esterson

861279

registered interest
date	13/03/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has to require signatories to the Prompt Payment Code to ensure that the payment terms in the code are adopted throughout their supply chains.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	132428
answer	answer is ministerial correction date of answer 16/03/2018 answer text <p>The Government supports the Prompt Payment Code as a voluntary set of best-practice principles. The Prompt Payment Code encourages good practice throughout the supply chain by requesting that lead suppliers encourage adoption of the Code throughout their own supply chains. At the Spring Statement my Rt hon Friend the Chancellor of the Exchequer announced that BEIS will lead on a call for evidence; this will consider evidence to ensure unfair payment practices are eliminated for small business.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 16/03/2018 14:03:51 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4061 label Biography information for Bill Esterson

850975

registered interest
date	27/02/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate his Department has made of the level of debt accrued by SMEs as a result of late payments.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	130177
answer	answer is ministerial correction date of answer 07/03/2018 answer text <p>The Department has made no such estimate.</p><p> </p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths grouped question UIN 130178 130179 question first answered 07/03/2018 13:54:14 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4006 label Biography information for Dr Matthew Offord

850976

registered interest
date	27/02/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the number of businesses that have been wound up as a result of late payments in each of the last five years.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	130178
answer	answer is ministerial correction date of answer 07/03/2018 answer text <p>The Department has made no such estimate.</p><p> </p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths grouped question UIN 130177 130179 question first answered 07/03/2018 13:54:14 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4006 label Biography information for Dr Matthew Offord

850977

registered interest
date	27/02/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Small Businesses: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate the his Department has made of the number of SMEs that have been forced to take legal action to recover late payments in each of the last five years.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	130179
answer	answer is ministerial correction date of answer 07/03/2018 answer text <p>The Department has made no such estimate.</p><p> </p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths grouped question UIN 130177 130178 question first answered 07/03/2018 13:54:14 answering member 3936 label Biography information for Andrew Griffiths
tabling member	4006 label Biography information for Dr Matthew Offord