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985647
registered interest false more like this
date less than 2018-10-11more like thismore than 2018-10-11
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Billing remove filter
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 10 October 2018 to Question 174703 on Small Businesses: Billing, what encouragement the Chartered Institute for Credit Management has given to organisations on signing up to the prompt payment code. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson more like this
uin 178284 more like this
answer
answer
is ministerial correction false more like this
date of answer remove maximum value filtermore like thismore than 2018-10-16
answer text <p>The Chartered Institute of Credit Management (CICM) administer the Prompt Payment Code on behalf of the Department. The Code is a voluntary set of best-practice principles, which organisations can choose to sign up to. CICM promote the Code through a variety of industry led events and through their dedicated website found at <a href="http://www.promptpaymentcode.org.uk/" target="_blank">http://www.promptpaymentcode.org.uk/</a>.</p><p> </p><p>The Prompt Payment Code plays an important role in setting best practice principles in payment terms and practices. The government has recently announced new measures that will help strengthen the Code in enforcing these principles, including appointing the Small Business Commissioner to the Code’s Compliance Board to embed greater independence from industry and support his role in tackling late payment.</p><p> </p><p>Furthermore, my Department has now launched a call for evidence seeking views on how we can build on the government’s existing late payment policies, including the Prompt Payment Code, to drive an end to late payments. The Call for Evidence will look at whether there is merit in introducing additional measures, including whether the Small Business Commissioner should have a greater role in the Code’s administration.</p>
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-10-16T16:21:42.633Zmore like thismore than 2018-10-16T16:21:42.633Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
973340
registered interest false more like this
date less than 2018-09-13more like thismore than 2018-09-13
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Billing remove filter
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, how many (a) businesses have used the Small Business Commissioner's website to resolve late payment disputes, (b) late payment cases have been resolved and (c) large companies have changed their payment practices as a result of the intervention of the Commissioner. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson more like this
uin 174700 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-10-09more like thismore than 2018-10-09
answer text <p>Nine enquiries of late payment disputes have been processed by the Small Business Commissioner’s complaints scheme. Of these, eight have resulted in the recovery of later payments with the other being resolved by private negotiation. The Commissioner is championing changes to the payment culture in a number of different ways, including raising awareness as well as seeking to resolve complaints received. For example, two large businesses have stated they will change their payment practice to offer SMEs preferential terms following the SBC’s direct intervention.</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-10-09T13:51:25.11Zmore like thismore than 2018-10-09T13:51:25.11Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
973341
registered interest false more like this
date less than 2018-09-13more like thismore than 2018-09-13
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Billing remove filter
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what progress his Department has made on strengthening the Prompt Payment Code; and whether he plans to include in the Code a (a) formal accreditation and (b) revalidation process. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson more like this
uin 174701 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-10-09more like thismore than 2018-10-09
answer text <p>The UK is home to 5.7 million small businesses. These businesses are the backbone of our economy and a key part of our modern Industrial Strategy is ensuring we remain one of the best places in Europe to start and grow a small business.</p><p> </p><p>The Department has now launched a call for evidence on how to eliminate unfair payment practices to small businesses. The call for evidence is open for 8 weeks, and seeks views on how we can build on the government’s existing late payment policies, including the Prompt Payment Code, to drive an end to late payments to the UK’s 5.7 million small businesses.</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-10-09T13:51:06.45Zmore like thismore than 2018-10-09T13:51:06.45Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
973342
registered interest false more like this
date less than 2018-09-13more like thismore than 2018-09-13
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Billing remove filter
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, how many complaints his Department has received from suppliers dissatisfied with the late payment practices of companies that have signed up to the Prompt Payment Code. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson more like this
uin 174702 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-10-09more like thismore than 2018-10-09
answer text <p>The Chartered Institute of Credit Management administers the Code on behalf of the Department and therefore also manage the complaints process. The Department does not hold figures on the number of complaints received. If a supplier thinks a business is in breach of the Prompt Payment Code, we encourage them to alert the Code Compliance Board who will investigate and take further action as required.</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-10-09T13:51:15.373Zmore like thismore than 2018-10-09T13:51:15.373Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
973343
registered interest false more like this
date less than 2018-09-13more like thismore than 2018-09-13
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Billing remove filter
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps the Government is taking to encourage businesses to become signatories to the Prompt Payment Code. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson more like this
uin 174703 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-10-10more like thismore than 2018-10-10
answer text <p>The Government supports the Prompt Payment Code as an industry-led and voluntary set of best-practice principles. We work closely with the Chartered Institute of Credit Management (CICM), who administer the Code, in encouraging organisations to sign up to the Code. Furthermore, the Department has now launched a call for evidence seeking views on how we can build on the government’s existing late payment policies, including the Prompt Payment Code, to drive an end to late payments.</p><p> </p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-10-10T16:07:26.737Zmore like thismore than 2018-10-10T16:07:26.737Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4061
label Biography information for Bill Esterson more like this
967825
registered interest false more like this
date less than 2018-09-04more like thismore than 2018-09-04
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Billing remove filter
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of recent trends in the proportion of late payments to SMEs. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie more like this
uin 170292 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-09-12more like thismore than 2018-09-12
answer text <p>The Government understands how important tackling late payment is, especially for smaller businesses. In due course, the Department will be publishing a call for evidence to understand the current trends and evidence on how late payments are affecting SMEs and to seek views on how the Government could go further to tackle the problem.</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-09-12T16:53:42.783Zmore like thismore than 2018-09-12T16:53:42.783Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
965006
registered interest false more like this
date less than 2018-09-03more like thismore than 2018-09-03
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Billing remove filter
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make it his policy to undertake an assessment of the effectiveness of the Prompt Payment Code. more like this
tabling member constituency Hemsworth more like this
tabling member printed
Jon Trickett more like this
uin 169001 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-09-11more like thismore than 2018-09-11
answer text <p>The Government is clear that large companies should lead by example in paying their suppliers promptly and fairly. The best practice principles set out in the Prompt Payment Code have an important role to play in encouraging this culture change.</p><p> </p><p>At Spring Statement, my rt. hon. Friend Mr Chancellor of the Exchequer announced that a call for evidence will be published on eliminating unfair payment practices. This will be launched by the Department later this year and will seek views on how the Government could go further to deliver a responsible payment culture.</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-09-11T14:23:46.513Zmore like thismore than 2018-09-11T14:23:46.513Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
410
label Biography information for Jon Trickett more like this
886310
registered interest false more like this
date less than 2018-04-18more like thismore than 2018-04-18
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Billing remove filter
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
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. more like this
tabling member constituency Tewkesbury more like this
tabling member printed
Mr Laurence Robertson more like this
uin 136505 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-04-23more like thismore than 2018-04-23
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> more like this
answering member constituency Burton more like this
answering member printed Andrew Griffiths more like this
question first answered
less than 2018-04-23T14:59:57.75Zmore like thismore than 2018-04-23T14:59:57.75Z
answering member
3936
label Biography information for Andrew Griffiths more like this
tabling member
253
label Biography information for Mr Laurence Robertson more like this
861267
registered interest false more like this
date less than 2018-03-13more like thismore than 2018-03-13
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Billing remove filter
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
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. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson more like this
uin 132416 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-16more like thismore than 2018-03-16
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> more like this
answering member constituency Burton more like this
answering member printed Andrew Griffiths more like this
question first answered
less than 2018-03-16T14:00:11.89Zmore like thismore than 2018-03-16T14:00:11.89Z
answering member
3936
label Biography information for Andrew Griffiths more like this
tabling member
4061
label Biography information for Bill Esterson more like this
861271
registered interest false more like this
date less than 2018-03-13more like thismore than 2018-03-13
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Billing remove filter
house id 1 more like this
legislature
25259
pref label House of Commons remove filter
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. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson more like this
uin 132420 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-16more like thismore than 2018-03-16
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> more like this
answering member constituency Burton more like this
answering member printed Andrew Griffiths more like this
question first answered
less than 2018-03-16T13:59:17.163Zmore like thismore than 2018-03-16T13:59:17.163Z
answering member
3936
label Biography information for Andrew Griffiths more like this
tabling member
4061
label Biography information for Bill Esterson more like this