How would business payment deadlines change?

Would the Commercial Payments Bill’s deadlines and enforcement powers improve supplier payments without creating excessive compliance costs?

Where this bill stands

Commercial Payments Bill [HL]

3rd reading (Third Reading), Lords, as at Oct 8, 2026, when this film was made.

See the bill's current stage →

Chapters

0:0030 days: public authorities
0:11Suppliers and purchasers
0:25Acceptance and verification
0:42Payment dispute adjudication
0:53Introduced
1:15Exact exemptions uncertain
1:33Should large businesses pay suppliers within 30 days?

Sources

Bill stages and current position — UK Parliament
HL Bill 4 (as introduced) — UK Parliament
HL Bill 4 Explanatory Notes — UK Parliament
HL Bill 45 (as amended in Committee) — UK Parliament

Drafted with AI assistance from the contents of the bill and checked by a person before release. It is a summary, not legal advice. Spotted a mistake? Report an error. BugBen reports on Parliament and hosts the debate. It does not take a side.