Fair Pay Fair Play. Eastleigh MP Mims Davies Supports Local Business and Slams Late Payments

The Member of Parliament for Eastleigh, Mims Davies, has welcomed the Fair Pay Fair Play campaign by the Federation of Small Businesses to ensure that businesses are paid on time and in full for the work they do.

The campaign comes as the vast majority of small businesses and self-employed people report being paid later than agreed and it is often not a one-off occurrence.

 

Commenting, Eastleigh MP Mims Davies said:

It’s vitally important that we draw attention to small businesses being paid late. They form the backbone of our economy here in Eastleigh and around the country. We have to be clear that late payment for completed work is hindering businesses, the local economy and people’s families.

“84% of small businesses have reported being paid late at least once, with one in three small firms also reporting that over a quarter of payments they receive arrive later than was agreed. This is totally unacceptable and a cultural problem that needs to be addressed.

“Having met with representatives from the Federation of Small Businesses locally last month, I am pleased to support them, local businesses and all of the people that they employ by signing up to this campaign as Eastleigh’s MP.”

 

The FSB provides support to small businesses and self-employed people who have had their payment delayed. They provide guidance, letters and forms on their website for anyone who hasn’t been paid and doesn’t know where to turn.