questionText: To ask the Secretary of State for Business and Trade, how many enforcement actions have been taken under the Reporting on Payment Practices and Performance Regulations 2017 in each year since those regulations came into force.
answerText: Late payment is estimated to cost the UK economy almost £11 billion each year. The Government’s impact assessment takes account of the cost of enforcing late payment legislation. The Department currently has two FTEs monitoring and encouraging businesses ...
heading: Business: Billing