Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed question first answered answering member label
tabling member	label

Search

445845

registered interest
date	19/01/2016
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
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, Innovation and Skills, if he will make an estimate of the collective cost to small and medium-sized enterprises to recover overdue payments in each of the last five years.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	23007
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>We know that the collective cost of late payment has been, and remains, a significant burden for small and medium sized businesses. Small businesses spend too much valuable time and resource chasing late payments, which impacts on their ability to invest in growth.</p><br /><p>The Department does not hold the information required to make an estimate of the collective cost to small and medium-sized businesses to recover overdue payments in each of the last five years. As late payment affects so many different types of business in different ways, no single survey gives a full picture of the impact of late payment on small and medium-sized businesses. The three sources that we look to as an indicator of late payment are the SME finance monitor, the regular BACs survey and Experian’s late payment index.</p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 27/01/2016 17:17:28 answering member 3938 label Biography information for Anna Soubry
tabling member	4061 label Biography information for Bill Esterson

445846

registered interest
date	19/01/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Small Businesses: Insurance
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, if he will take steps to improve the monitoring of late payments by insurance companies to claims made by small and medium-sized enterprises.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	23008
answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>The Government recognises the importance of prompt payment by insurers and has taken steps in the Enterprise Bill to introduce a requirement for insurers to pay all claims within a reasonable time and entitle policyholders, including small and medium sized enterprises, to damages where claims are paid late.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 27/01/2016 16:07:55 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4061 label Biography information for Bill Esterson