Lack of funds hits late payers purge as boss claims Prompt Payment Code’s website is ‘cr*p’

  • PCC chairman Philip King  said Ministers refused to provide sufficient funding
  • He said this made it difficult to persuade firms to take its warnings seriously 

Efforts to force big companies to pay their suppliers on time are failing because of Government penny-pinching, it was claimed last week.

Philip King, chairman of the official Prompt Payment Code register of businesses that pledge to settle bills within 60 days, said his organisation’s website was ‘cr*p’ because Ministers refused to provide sufficient funding.

He said this made it difficult to persuade companies to take its warnings seriously.

Late payer: Last week, the PPC suspended 17 businesses, including BHP and Persimmon

Late payer: Last week, the PPC suspended 17 businesses, including BHP and Persimmon

Last week, the PPC suspended 17 businesses – including BHP, Persimmon and Vodafone – from the register for failing to pay suppliers on time. 

King said: ‘The PCC website is frankly pretty cr*p because it was last updated four or five years ago.’

A Government spokesman said: ‘We are steadfast in our commitment to ending the unacceptable culture of late payments.’

 



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