Skip To The Main Content

FSB in Scotland on prompt payment suspensions

Eighteen companies – including BT Plc, British American Tobacco, and Centrica – have been suspended from the Prompt Payment Code for failing to pay suppliers on time. 

Stuart Mackinnon, FSB’s external affairs manager for Scotland, said:  “Thousands of Scottish businesses close their doors every year due to late payments. We need to get tough with those big businesses that abuse their suppliers and use them as cheap credit.

“Today’s suspensions hopefully demonstrate a change of attitude at the top toward late paying big businesses. North of the border, we’ve argued for some time that persistent late payers can’t be awarded public contracts. Across the UK, we need to see the next Prime Minister force the biggest businesses to behave responsibly toward their supply chains.”