Departmental Billing

Treasury written question – answered on 8th February 2010.

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Photo of Vincent Cable Vincent Cable Shadow Chancellor of the Exchequer, Liberal Democrat Spokesperson (Treasury)

To ask the Chancellor of the Exchequer what estimate he has made of the average length of time taken by (a) his Department and (b) its agencies to pay invoices from (i) small and medium-sized enterprises and (ii) all creditors in the last 12 months.

Photo of Sarah McCarthy-Fry Sarah McCarthy-Fry Parliamentary Secretary, HM Treasury

The Prime Minister announced in October 2008 that all central Government Departments will aim to pay invoices within 10 days. The Treasury Group commenced reporting 10-day payment performance for all suppliers, irrespective of size, in November 2008.

I also refer the hon. Gentleman to the answer I gave John Mason on 25 January 2010, Hansard, column 594W.

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