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Small Businesses

Volume 87: debated on Wednesday 27 November 1985

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62.

asked the Paymaster General what representations he has received over the last two years from small companies complaining about the payment time of large companies.

I regularly receive representations from small firms about delays by large firms in payment of bills. These representations point out the adverse effect of delays on small firms' financial position. Consideration is being given to publishing guidance on good practice in payment of bills.

64.

asked the Paymaster General what further measures he intends to introduce to help small businesses.

On Tuesday 12 November my right hon. and noble Friend announced a six-point programme of measures to encourage enterprise and employment. Measures to help small businesses include expansion of the enterprise allowance scheme, increased support for local enterprise agencies in England and an extension of the loan guarantee scheme. Increased finding for the promotion of tourism will also benefit many small businesses. Further measures will be announced as appropriate.