Date lodged: 27 November 2017
To ask the Scottish Government how many Scottish companies are signed up to the Prompt Payment Code, and how many were signed up to the code in each year since it was introduced.
Answered by: Paul Wheelhouse 6 December 2017
The Scottish Government does not hold this information. The Prompt Payment Code is administered by the Chartered Institute of Credit Management on behalf of the UK Government. The voluntary Code covers businesses throughout Scotland and the rest of the UK. Code signatories and details of the Code standards can be found here: http://www.promptpaymentcode.org.uk/
However the Scottish Government encourages individual companies to change their approach and practices – through, for example, the Scottish Business Pledge which remains focused on boosting business success, growth and productivity and is an important part of the Scottish Government’s approach to working with business to make Scotland a more productive and fairer country.