Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government, further to the Written Answer by Lord Callanan on 24 February (HL1666), what measures they have used to ensure that the 34 businesses reinstated to the Prompt Payment Code remain compliant with the Code; and (2) what assessment they have made of the impact of any such measures on suppliers.
Payment Performance of the companies reinstated to the Prompt Payment Code will remain under review. The administration of the Code will shortly be transferred to Office of the Small Business Commissioner. Post-transfer, the Office of the Small Business Commissioner will continue to challenge signatories to the Code if their Payment Practice Reporting data suggests that their practices are not compliant with the Code. Following a suspension, signatories will only be reinstated once they have demonstrated that they have achieved compliance.