Subcontractors tell MPs they have no choice but to work with late payers

By Jordan Marshall2018-10-11T06:00:00

Source: Shutterstock

Small business minister vows to get tough with firms who fail to settle their bills on time

Subcontractors have told MPs that if they did not resign themselves to being paid late they would be unable to do much work for main contractors.

The damning comments were made at a parliamentary inquiry into how government can help small businesses and improve their productivity.

Bosses of smaller firms said they were forced to accept poor payment practices if they wanted to work for any of the big builders.

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