HC Deb 08 December 1998 vol 322 cc153-4W
Mr. Cotter

To ask the Secretary of State for Trade and Industry how many businesses and organisations to date have joined the Better Payment Practice Group. [63111]

Mrs. Roche

The Better Payment Practice Group was established in October 1997 as an integral part of the Government's commitment to work in partnership with the private sector to bring about an improved payment culture in the UK. The role of the Group is to help shape and influence the private and public sectors' efforts to tackle the problem of late payment as well as informing the work of other organisations and sectors on this issue.

Since it began 18 representative organisations have accepted invitations to join the Better Payment Practice Group from the small firms, banking, factoring, trade credit insurance, credit management, accountancy profession and credit services sectors to look at this important issue. A key achievement for the Group has been the launch of its campaign in October this year to highlight the economic benefits that can be derived from paying on time.

Mr. Cotter

To ask the Secretary of State for Trade and Industry if he will list the businesses and organisations which have refused invitations to join the Better Payment Practice Group. [63112]

Mrs. Roche

The Better Payment Practice Group was formed in October 1997 as a partnership between the public and private sector to bring about an improved payment culture in the UK. Since it was established no organisation invited to join the Group has refused the offer of a place.

This 100 per cent. take-up rate reflects the importance which both the private and public sectors attach to addressing the difficulties caused as a result of late payment of commercial debts.