Aug 18, 2025
3 min read
UK has introduced its small businesses to support SMEs throughout the country
Time to pay: The most difficult intervention against late payments on the project to support small businesses
The UK Government releases a small business plan to support a small and medium company throughout the country
- The government to tackle late payments with the most important legislative reforms in 25 years - a problem that costs the UK economy 11 billion a year and every day 38 business firm
- The United Kingdom will have the most difficult payment law in G7 as part of the reform to support small businesses and unlock growth as part of the change plan.
- Though the latest price of £ 4 billion, with 69,000 starting loans to encourage the following generation and small business administrators
Smaller companies will benefit the most complete equipment by manipulating, as the government has made a bold strategy to advance and bring economic growth as part of the plan of change.
The small and average company uses 60% of the country's employees and produces £ 2.8 billion in time, for a long time, the consequences have been placed on small businesses.
Of trading traders have the shop to start using family, they work a lot but not to get the last steps that have not worked in the last person's last person.
Therefore, the government is taking serious measures to support small businesses and provide the tools they need to grow. This government is already based on the firm foundation of stability and stability.
The core of this plan is to try to solve the late reform package in the generation and to introduce the most difficult laws for the G7 late fees.
The late payment is a smallest reduction for the development of minor issues, causing flow issues that prevent companies in their future.National, the company is working closed to the door because they are not paid for the time.
New laws have been set up to give strong authority to impose fines for the small business commissioner, with the largest factory, against the largest company that selects late payment.
Small business commissions will receive new power to check for points and apply for 30-day invoice examination to speed up for 60 days, making companies confident that will receive money.
Attracted by reviewers to register law by the revolution of payments on the course of the mains of the main leaders to support the smallest to support the smallest to support the smaller people to support the smallest to support the smallest to support the smallest to support the smallest to support the smaller people to support the smaller people to support the smallest to support the smallest to support the smaller.
These changes will also save small companies in the critical period and freeze the current hours to pursue outdated invoices so that they can concentrate on growing their business instead.If this is taken into account, it is ensured that the business is paid on time and ends a disaster with late payment that costs the British economy £ 11 billion per year and closes 38 British companies a day.
Prime Minister Kerir Stager said:
“For the stolestors and manufacturers of the construction and manufacturers - more of the work is what they should have to do - their business is growing.
"This is not justice, it is exhausting, and hinders Britain, so our message is clear: it's time to pay.
"With our small business, we do not just lead the removal of late payment once and for both, but we offer small businesses to keep our business."
Server of business and the Jonathan's sales
"The country is home to the world's best entrepreneurs and innovation businesses, and they hope to do the best to pay back time and money for them.
“Our small business plan - the first in a decade - reduces unnecessary management costs, makes companies easy to set up a store and provide financial support for SMEs.
"This is our plan for changing the campaign, increasing more money in people, and ensuring that the UK is a very good place to achieve and succeed."
Garet Garet Shipping section is Garet Services.
"I want the UK to be the best place in the world, grow, grow up and succeed - and so you have taken bold steps today.
“Every year, many small businesses go because they do not pay in time - it cannot be accepted.
"I am very often heard of entrepreneurs who do not need to start or grow. Today, the government will have business and working with them, and make real change."
The Federation policy is Federation of Business Business (FSB), Mom McKenzie, says:
"In order to make sure that companies pay in a timely manner, that it would become more efficient today in a small business, to put their priorities today.
“I am glad that FSP and the government are able to lack work.
"Today's plan is to encourage the government's commitment to accept small companies in the face of a major growth challenge against us."
Charlie Shaw, Peckham Flock and Hoodcher said:
"We are proud to pay every supplier in a timely manner, and when we get the bill, it is surprising to see that the government is offering a small business plan that is related to the long -term payment problem.
We hope and work with our business .What wonderful and honesty of our relationship with the urgent and reliability to the second part.
As part of the plan, the government is also a big barrier for small businesses - financial access to the British world sector, very small flights to finance that they need to invest, expand or live.
The government is launching a new wave of Billion 4 billion financial assistance aimed at increasing the growth and support of small businesses to solve, start and grow.
The government will further provide £3 billion in new payments to British commercial banks, increasing the total guarantee to £5 billion - to help lenders provide more small business loans through the "Enable Scheme".According to the regime, the BBB provides guarantees of government support to help lenders feel safer, lend them better loans, lend them more, including lower interest.
These measures aim to break long obstacles that have made small business access to the funds they need to fall into the ground to make finance and loans more accessible, more affordable and honest.
Growth of small and medium -sized businesses only 1% per year, and the British economy was shipped £ 320 billion in £ 2030. All of these measures have already built companies to create situations to survive business.
- Red tape to improve high quality pressure and drawings from kindness and licensed licenses of Nick Mackenzie, CEO of greene King
- Street rental auction fill in high -quality equipment
- Updated by the Chamber of Commerce to get a world of exporting small organizations
- New business growth service to ensure SMB has access to central support
- We have decided that we plan to permanently introduce the multipliers of lower commercial prices for the retail sector, hotels and sharply affected leisure.
Notes for editors
Michelle Seven Oven, Founder, Little Businessman Britain said:
"I'm glad that the small business plan is launched today, I will continue to help small companies, not helping small companies?
Simon Gruma, CEO of Mangifyb, said:
"Mm extended is an act of resolving heavy payments that will provide cash flow to prosperity, including the digital practical set, simply to provide a practical set of information.
Juliane Pen, have a secret job, a small job to separate the 14s and 16
“I’m happy to see the new government’s SMEs’ strategy recognizes the critical role that small businesses play at home and globally. Since reaching out to pay payments for access tips and growth support, these measures have been the rescue line for SMEs, such as mine, usually faced.
- We need to announce our views on our proposed constitutional actions to ensure that companies are paying their suppliers quickly and in a timely manner.Please refer to the suggested action.
- The announcement of today is based on the government's economic economy on a long-term road - which provides the long direction, stability and confidence in small businesses to grow.She was doing well - the interest rates were reduced four times in the past 12 months, the first period of 2025, Britain was the fastest finally G7.
- The Government has made 400,000 companies for 250,000 companies to protect the safer invoices against inflation and it was ensured to be permanent taxation and entertainment and entertainment features more than the following year.
- This included 8650,000 small companies made of NISS rise to a relaxed work address.comPly installed in 25% - lowest title speed in the G7 - for Parliament.
