UK Parliament has announced that the House of Lords will hold the second reading of the Commercial Payments Bill on 9 June. The bill is intended to strengthen existing UK laws on late commercial payments and would introduce new measures including a ban on retention clauses in the construction sector and broader powers for the Small Business Commissioner to resolve payment disputes. At second reading, Lords will debate the bill’s main objectives and identify any concerns or areas where amendments may be needed. Lord Leong is due to open the debate and respond for the government.
UK Parliament2026-06-05
UK Parliament schedules House of Lords second reading of Commercial Payments Bill on 9 June to curb late commercial payments
The UK Parliament has scheduled the House of Lords second reading of the Commercial Payments Bill for 9 June. The bill aims to strengthen UK late commercial payment laws by banning retention clauses in the construction sector and expanding the Small Business Commissioner’s powers to resolve payment disputes.