ICAEW.com works better with JavaScript enabled.
accountancy insights

Bonus episode: How to tackle late payments

Listen now
accountancy insights podcast padding

ICAEW’s Iain Wright hosts a conversation with Emma Jones CBE, the government’s newly appointed Small Business Commissioner, in this special episode of Accountancy Insights.

Jones discusses the Small Business Plan, launched on 30 July, which introduces new measures to tackle late payments. Estimates place the cost of late payments to the UK economy at £11bn per year as well as contributing to the closure of 38 businesses each day. Upcoming legislation will also reduce maximum payment terms from 60 to 45 days.

She also shares learnings from a career spent in small business. Jones founded and exited her first business at the age of 27 and then went on to establish both Enterprise Nation and StartUp Britain to support small and young businesses across the country. She has also previously served as SME Representative for the Crown Commercial Service.

Allow SoundCloud audio

This audio player is provided by Soundcloud, a third-party service. We ask for your permission before anything is loaded as SoundCloud places cookies on our site. For more information on how we handle cookies, please see our privacy policy and cookies policy. To listen to this content on the website, please accept Statistics cookies and continue. Alternatively, you can access ICAEW podcasts on Spotify, Apple podcasts or YouTube.

Transcript

You can read the transcript of this episode here.

Links

Host

Iain Wright, Chief Policy and Communications Officer, ICAEW

Guest

Emma Jones CBE, Small Business Commissioner

Producer

Natalie Chisholm

Episode first published: 12 August 2025
Podcast recorded: 7 August 2025

Join your peers...

ICAEW's Annual Conference 2025 is themed "Thriving in transformation" and dives into AI, leadership, and sustainability – showing you how to lead, adapt and grow.

All views expressed on this podcast are those of the contributors and don’t necessarily reflect those of ICAEW or its members.

Open AddCPD icon