Menu

News Article

Legislation & Litigation

BCC: Small Business Commissioner is not a silver bullet for late payment

By CreditMan Monday, July 27, 2015

Dr Adam Marshall, Executive Director of Policy and External Affairs at the British Chambers of Commerce, comments on the proposals for a new Small Business Commissioner.

Commenting on the proposals for a new Small Business Commissioner, Dr Adam Marshall, Executive Director of Policy and External Affairs at the British Chambers of Commerce, said:

"While some businesses might use the new Small Business Commissioner to resolve payment disputes, this is far from a silver bullet solution for the longstanding problem of late payment.

"It may help at the margins, but won't end suppliers' concerns about losing customers if they attempt to get better terms or recover outstanding amounts."