Petition Make the registration to the Prompt Payment Code mandatory for all companies
Legislate Mandatory Registration to the Prompt Payment Code and introduce Penalties for failure to comply.
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We think mandatory registration:
1. Ensure Fairness: Create a level playing field for businesses of all sizes.
2. Protect SMEs: Prevent smaller companies from suffering due to delayed payments.
3. Boost Economic Stability: Timely payments improve cash flow, enabling businesses to invest, grow, and retain employees.
4. Promote Ethical Business Practices: Encourage companies to prioritise financial responsibility and transparency.
At 10,000 signatures...
At 10,000 signatures, government will respond to this petition
At 100,000 signatures...
At 100,000 signatures, this petition will be considered for debate in Parliament