Small Businesses: Procurement

Department for Business, Innovation and Skills written question – answered on 7th January 2015.

Alert me about debates like this

Photo of Jonathan Evans Jonathan Evans Conservative, Cardiff North

To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of research by the Federation of Small Business which found that 17 per cent of small businesses claim mistreatment by larger firms that they supply; and if he will make a statement.

Photo of Matthew Hancock Matthew Hancock Minister of State (Department for Business, Innovation and Skills), Minister of State for Portsmouth, The Minister of State, Department of Energy and Climate Change

The Government is taking forward a suite of measures to help redress the imbalance between small businesses and the large firms that they supply. We are working closely with our stakeholders, including the Federation of Small Businesses (FSB), to develop the evidence base on poor payment practices.

Our on-going consultation on introducing a new reporting requirement for large companies on their payment practices, the “Duty to Report” consultation, will strengthen the evidence on how widespread some of the payment practices identified by the FSB are, and on what further action the Government should take. The FSB’s research will contribute to our wider assessment on these issues.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.