HC Deb 14 April 1994 vol 241 c275W
21. Mr. Simon Coombs

To ask the Chancellor of the Exchequer what further consideration he has given to the introduction of a statutory right to interest on late payment of debt.

Mr. Nelson

As my right hon. and learned Friend announced in his Budget speech, a consultation paper on late payment of commercial debt was issued on 30 November. The consultation period closed on 31 March. We are currently considering the responses to this document.