{"id":907092,"date":"2026-05-20T08:12:31","date_gmt":"2026-05-20T13:12:31","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/20\/late-payments-bill-moves-forward\/"},"modified":"2026-05-20T08:12:31","modified_gmt":"2026-05-20T13:12:31","slug":"late-payments-bill-moves-forward","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/20\/late-payments-bill-moves-forward\/","title":{"rendered":"Late payments bill moves forward"},"content":{"rendered":"<div>\n<figure>\n<p><a href=\"http:\/\/www.theconstructionindex.co.uk\/assets\/news_articles\/2012\/09\/1348119516_overdue-stamp.jpg\" title><img decoding=\"async\" src=\"http:\/\/www.theconstructionindex.co.uk\/img-cache\/a5184dcfc20d27aedd6e1a99ce1bf9ba\/750x500_top_1348119516_overdue-stamp.jpg\" alt fetchpriority=\"high\"><\/a>\n<\/p><figcaption><\/figcaption><\/figure>\n<p>The Small Business Protections Bill (formally known as the Commercial Payments Bill) aims to put a clear duty on large firms to pay smaller suppliers on time and to give small businesses the certainty they need to keep investing, supporting jobs and growing their communities.<\/p>\n<p>It will introduce stronger new powers for the Small Business Commissioner to investigate, adjudicate disputes and fine persistent late payers with potential penalties worth tens of millions<\/p>\n<p>It will place a 60-day cap on payment terms for large firms, introduce mandatory interest on late payments, and take action to ban the practice of retentions in construction.<\/p>\n<p><b>Got a story?<\/b> Email <a href=\"http:\/\/www.theconstructionindex.co.uk\/mailto:ne**@*********************co.uk\" data-original-string=\"B8aGpZCrRj2hOYsvuiifhQ==7f4tUux3yrfvi1RYthz8RMXCYpRR+HKzneOrL9WLVs\/cU3orMGAQtItSbV1H+8o6bF\/ccMqRdlO4N4YX3dHJ8Brkg==\" title=\"This contact has been encoded by Anti-Spam by CleanTalk. Click to decode. To finish the decoding make sure that JavaScript is enabled in your browser.?subject=News%20Story\"><span \n                data-original-string='ah04c5ptSFQx4FpryroyYw==7f48udc71qL4TOhWXnTSeiiS1L\/OMGhQthqqWgYv2Bw4+U='\n                class='apbct-email-encoder'\n                title='This contact has been encoded by Anti-Spam by CleanTalk. Click to decode. To finish the decoding make sure that JavaScript is enabled in your browser.'>ne<span class=\"apbct-blur\">**<\/span>@<span class=\"apbct-blur\">*********************<\/span>co.uk<\/span><\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.theconstructionindex.co.uk\/news\/view\/late-payments-bill-moves-forward\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n The Construction Index<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Small Business Protections Bill (formally known as the Commercial Payments Bill) aims to put a clear duty on large firms to pay smaller suppliers on time and to give small businesses the certainty they need to keep investing, supporting jobs and growing their communities. It will introduce stronger new powers for the Small Business<\/p>\n","protected":false},"author":1,"featured_media":907093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2150,4857],"tags":[],"class_list":{"0":"post-907092","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-moves","8":"category-payments"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/907092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=907092"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/907092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/907093"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=907092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=907092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=907092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}