Threads / Commercial Payments Bill [HL] / Commercial Payments Bill [HL]
Bill Introduced 19 May 2026 Department for Business and Trade ↗ Parliament

Commercial Payments Bill [HL]

A bill to make provision about payment terms in commercial contracts; to make provision about interest on late payment of commercial debts; to ban retention clauses in the construction sector; to expand the powers of the Small Business Commissioner in relation to payment disputes and poor payment practices; to amend the Enterprise Act 2016 in connection with other functions of the Small Business Commissioner; and for connected purposes.

Legislative progress

Lords 19 May 2026
1st reading
Lords 9 Jun 2026
2nd reading
Lords
Committee stage

Bill documents

Chamber debates