I thank my hon. Friend for making that valid point. The bigger companies have to understand that there is a need for smaller companies in the supply chain. They should view the situation in the round and acknowledge that not every company is big enough to withstand late payments in the same way that they perhaps could. There is a moral argument running through this as well. If I supply goods and services to someone on a Tuesday and they agree to pay me a particular sum by 1 August, for example, why should they not pay me by that date? It is simple: if I keep my part of the bargain, I expect them to keep theirs.
Small Business, Enterprise and Employment Bill
Proceeding contribution from
Gordon Banks
(Labour)
in the House of Commons on Tuesday, 18 November 2014.
It occurred during Debate on bills on Small Business, Enterprise and Employment Bill.
Type
Proceeding contribution
Reference
588 c215 
Session
2014-15
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2015-05-22 06:28:31 +0100
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