January 30 2020
Philip King has been named as the Government's Small Business Commissioner, the Department for Business, Energy and Industrial Strategy (BEIS), announced on Monday. Appointed on an interim basis after the previous incumbent, Paul Uppall, unexpectedly left the post in October. Philip King was previously Chief Executive of the Chartered Institute of Credit Management (CICM), the organisation that administers the Prompt Payment Code.
The role of the Small Business Commissioner is to consider complaints from small businesses (those with less than 50 employees) about payment problems they are encountering from larger business customers (with more than 50 employees). It then makes non-binding recommendations on how the parties should resolve their disputes. King is expected to oversee the transfer of the management of the Prompt Payment Code from the CICM to the Office of the Small Business Commissioner.
Small Business Minister Kelly Tolhurst said
" In Philip, small businesses will have a real champion with a proven track record of tackling late payments. This is an important time for the Office of the Small Business Commissioner as we seek to strengthen its powers and Philip is absolutely the right person to lead it at this time. "
Samantha White, CEO of My Credit Controllers, said
" We welcome the news that the new Small Business Commissioner has a background in Credit Management, and a history of supporting small businesses in their fight for fair payment practices from their large customers. "
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