§ Mr. WardellTo ask the Secretary of State for Employment if he will introduce legislation to require all registered companies in Britain to meet their debts within six weeks of those debts being invoiced.
§ Mr. ForthNo. The existing legal framework already provides avenues to pursue commercial debt. Rather than add to the burden of legislation, much can be achieved to speed up payments by the education of both suppliers and providers. To this end, the Government will be launching, later this year, a revision of the booklet for suppliers, "Prompt Payment Please", and a new booklet aimed at larger purchasing organisations.