Late Payments Report Published

A cross-party parliamentary inquiry, that I convened and chaired about how to tackle the issue of late payment to small and medium sized businesses has published our report with 11 key recommendations – see below.  The report follows an oral evidence session in Parliament in April 2013. 

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My ‘Be Fair-Pay on Time’ Late Payments Inquiry

Last week I convened a cross party inquiry to investigate the issue of late payments from the point of view of business organisations, academics, FTSE companies and, perhaps most importantly, SMEs themselves. The standard of the testimony from our witnesses at the inquiry was excellent and

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Late Payments – Call for Evidence

Small and Medium Sized Enterprises (SMEs) across the country are suffering acutely as a result of late payment, with many firms’ survival being put at risk by cash flow problems, and total outstanding funds owed amounting to 36.4 billion. I launched the Be Fair – Pay on Time  campaign in

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Be Fair – Pay on Time Wins National Award

Last night I was delighted to be announced as the winner of the national Grassroot Diplomat Business Driver award for the Be Fair – Pay on Time campaign, which challenged the remaining 75 of the UK’s top 100 FTSE companies to sign up to  the Prompt Payment Code. The award was presented to me by

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Supporting Local Business

I launched the ‘Be Fair – Pay on Time’ campaign in June 2011 as a result of a constituent struggling to keep his small haulage company afloat due to late payments by a very well-known top company he supplies. Over the last year I have been raising awareness of the issue through a Westminster

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Late Payments to SMEs debated by MPs

On 14th September 2011 I initiated an adjournment debate in Westminster Hall to highlight the issue of late payments for small and medium businesses (SMEs). The debate was constructive and welcomed by MPs from across political divides. You can watch the whole debate at the

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