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New small business commissioner named

New small business commissioner named

Liz Barclay, an experienced campaigner on behalf of consumers, freelancers and small companies, has been selected to lead a government drive to tackle late payments to small businesses. She will take up the role of small business commissioner in June. The office is set to be given more powers, such as the ability to compel payment, levy fines and broader scope to launch investigations. Government figures show that around £23.4bn is owed in outstanding invoices to British businesses, with some firms waiting several months before paying their suppliers. Ms Barclay said: “We need a real culture change around business payments. People who have already delivered goods and services have to be able to turn their attention to their next client and next order rather than chasing up late payments and worrying about their cashflow.”

Read more: The Times


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