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Ending late payments to small businesses | |
admin | |
2018-10-04 | |
发布年 | 2018 |
语种 | 英语 |
国家 | 英国 |
领域 | 气候变化 |
正文(英文) | Press release Ending late payments to small businessesSmall businesses will benefit from more timely payments under proposed new measures.
New measures to end the problem of late payments to small businesses by large companies who abuse their position in the market have been unveiled today (Thursday 4 October 2018) by the Small Business Minister Kelly Tolhurst as she launches a call for evidence. Nearly a quarter of UK businesses report that late payments are a threat to their survival. Tackling them represents a huge opportunity for economic growth, with research from the Federation of Small Businesses suggesting it could add £2.5 billion to the UK economy and keep an extra 50,000 businesses open each year. The new proposals, building on action government has already taken to improve access to finance and the appointment of the Small Business Commissioner, include:
Small Business Minister Kelly Tolhurst said:
Federation of Small Businesses (FSB) National Chairman Mike Cherry said:
The publication of the new call for evidence follows an announcement by the Business Secretary Greg Clark earlier this week where he set out other new measures to support small businesses, including:
Small Business Commissioner Paul Uppal said:
The government has also set the ambition that all its departments commit to paying 90% of undisputed invoices from SMEs within 5 days and ensure all government departments have a dedicated non-executive director responsible for prompt payment, improving payment practices and exploring how better to use technology to make payment processes more efficient. Some large businesses use late payments and extended payment terms to exert control over small businesses in their supply chain, and the government will now seek the views of the UK business community on how best to ensure small businesses are given a fair deal. Cabinet Office Minister for Implementation Oliver Dowden said:
Emma Jones, MBE, founder of Enterprise Nation, said:
The call for evidence launched today forms part of the government’s modern Industrial Strategy, which is committed to creating a fair and just business environment and ensuring Britain is one of the best places to start and run a small business. It will be open until 29 November 2018 and the government is encouraging, businesses, trade associations and other interested parties such as academics to contribute their views to it. Notes to editorsThe call for evidence opened at 09:30 on 4 October 2018, and closes on 29 November. Late payment occurs when a business has been supplied goods or services on credit but fails to pay within the agreed term. Legally, if no explicit payment terms have been agreed, payment is assumed to be due after 30 days for the purposes of charging statutory interest. Enterprise Nation is a small business support network that represents the views of thousands of UK small businesses.
Published 4 October 2018
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URL | 查看原文 |
来源平台 | GOV.UK - Department for Business, Energy & Industrial Strategy |
文献类型 | 新闻 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/105519 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | admin. Ending late payments to small businesses. 2018. |
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