Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what proportion of payments by his Department to small businesses are made on time and in accordance with the prompt payment code.
HM Treasury currently does not distinguish between small and large businesses in relation to paying suppliers. The Government has a long standing policy commitment to pay 80% of undisputed invoices within 5 days, with the rest paid within 30 days. During 2015-16, HM Treasury paid 71.4% within 5 days and 97.5% within 30 days.