Liz Barclay has been named as the new Small Business Commissioner with the aim to champion SMEs and tackle the continued issue of delayed invoices.
With over £23.4 billion owed in outstanding invoices to UK businesses, the Small Business Commissioner post was created in 2016 to help small businesses secure the payments owed to them and to guide UK businesses toward a new culture of prompt payment.
Liz Barclay, commented, “We need a real culture change around business payments in the UK to take pressure off our phenomenal entrepreneurs. 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. I know from personal experience how damaging that can be to mental and emotional health.
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Email Jaime“By working with businesses and ensuring their concerns are listened to I hope to be able to deliver a payment regime that keeps cash flowing and works for everyone.
Small Business Minister Paul Scully, added, “Having run small businesses for most of my professional life I know just how toxic delayed invoices can be, causing needless uncertainty as business owners chase payments which should have been made weeks or even months ago.
“I thank Phillip King for his work tackling this issue as interim Small Business Commissioner and I welcome Liz Barclay to this hugely important role, driving the positive change we need to see and standing up for our hard-working small businesses.”
To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.
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