The government is to conduct a review into late payments for small businesses.
Business secretary Grant Shapps said the review was to stop larger companies “ripping off” their smaller counterparts.
The government also urged larger businesses to pay their suppliers promptly.
It warned that small businesses spend significant time and resources chasing late payments from businesses they supply, which can lead to cash flow problems.
The Payment and Cash Flow review will scrutinise existing payment practices and the measures in place to make sure small firms are not ripped off by their larger clients.
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