Construction Industry: Retention Payments Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Baroness Jones of Moulsecoomb
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Construction Industry: Retention Payments
Baroness Jones of Moulsecoomb Excerpts(3 years, 3 months ago)
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Baroness Jones of Moulsecoomb (GP)
My Lords, I understand the attraction of looking for consensus among all the players, but it is obvious that the current system is unjust and has a particular impact on smaller businesses, which need the money desperately. Why do the Government not just take a lead and govern as they should?
Lord Callanan (Con)
At the risk of repeating myself, it would require primary legislation and there is pressure on the legislative timetable. There are a number of different options to take this forward. We are committed to ending the practice of late payment and we will work with industry to try to find a solution to this problem.