PUBLIC SECTOR FAILS TO RESPOND TO MINISTER'S CALL FOR SUPPLIERS TO BE PAID WITHIN TEN DAYS

摘要

Research carried out by the HVCA among its members suggests that calls for the public sector to improve its payment regime to suppliers have fallen on deaf ears.rnIt was in October last year that business and enterprise secretary Lord Mandelson announced that "central Government will aim to pay its suppliers as soon as possible, and within ten days at the latest".rn "Businesses tell us they need access to cash flow," Lord Mandelson stated in arndepartmental press release dated 21 October 2008. "That is why central Government has committed to paying businesses within ten days -and we are urgently speaking to the wider public sector to extend this commitment.